*SCALPSWINGSTRADDLE*

[Ionized]

"imo we see 108 area today, it is trying to get to the sma50 (white line on weekly)"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50387142

Sma50 (white line on chart in above link) on weekly was 107.44 this morning when I posted that.. SPY closed @ 107.54 and is now @ 107.20 in AH.

It is possible to see oscillation around sma50 on most time scales, meaning it might act as attractor for a bit, being retested and then possibly acting as bottom for a day.

SPY 105 would be nice to see hold. That was below the range that I had thought we would see this week, but it is now within reason for Friday as another possible bottom (if such a thing exists right now.)

p.s.s im typing this from notebook on the floor of my cleaned out rental house, in the middle of a move so I got to miss trading as I was on road moving things. this place has been great, i will definitely miss the view of the lake :( I should have trading station re-built over the weekend so I can sit on my hands all next week and stare at good calls that I was too chicken to actually execute LOL ok back to work for me i have more stuff to move..