Monday, March 06, 2006 8:27:01 PM
Market View S&P chart
Index targets are SMH/36.75, QQQQ/40.44, S&P/1275
SMH & Q's are based on lower bollinger lines & support
S&P 1275 based on lower symmetrical trendline
S&P view;
my 2 areas of real concern are the daily macd resistance and a break below S&P 1250. I will be adding long positions at SMH 36.75 and S&P 1250 (401k). At this moment, I have no reason to believe that support will fail. The Trendlines are where the money's made. Current winning trades, 1-2 months, have been support/resistance trades.
lol and good trading
Index targets are SMH/36.75, QQQQ/40.44, S&P/1275
SMH & Q's are based on lower bollinger lines & support
S&P 1275 based on lower symmetrical trendline
S&P view;
my 2 areas of real concern are the daily macd resistance and a break below S&P 1250. I will be adding long positions at SMH 36.75 and S&P 1250 (401k). At this moment, I have no reason to believe that support will fail. The Trendlines are where the money's made. Current winning trades, 1-2 months, have been support/resistance trades.
lol and good trading
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.
