| Followers | 121 |
| Posts | 24039 |
| Boards Moderated | 0 |
| Alias Born | 02/20/2003 |
Friday, August 20, 2010 7:40:04 AM
Friday OE
Guess the market doesn't like unemployment... LOL, holding short under the 1085 area. Watch for a possible consolidation move to the 1085 SPX area and then load the shorts up again. We had the infamous test of the 320 SPX yesterday, which held. I would think that they will test again with a failure to hold next time down. We closed at the 1075 SPX huge support area, so basically we have been in a trading range between 1105 and 1075 SPX for awhile. Tech will have to bring us down so keep an eye on AAPL. ABC down on the daily charts to 330 SPX in 2012.
Guess the market doesn't like unemployment... LOL, holding short under the 1085 area. Watch for a possible consolidation move to the 1085 SPX area and then load the shorts up again. We had the infamous test of the 320 SPX yesterday, which held. I would think that they will test again with a failure to hold next time down. We closed at the 1075 SPX huge support area, so basically we have been in a trading range between 1105 and 1075 SPX for awhile. Tech will have to bring us down so keep an eye on AAPL. ABC down on the daily charts to 330 SPX in 2012.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
