Thursday, May 08, 2014 12:41:58 PM
05/08/14 Misc.
The former bear gauge SPX 1859.67 (0.236 1897.28-1737.92) served as a meaningful support (05/07 intraday low 1859.79).
Use SPX as a guide, closing above 1886 (1885.53) is the key for continuous advance, i still don't see new high possibility on NDX & RUT.
1859.67-1885.53-1912.84 forming an interesting Fibonacci relationship. (off 0.73 points from the idea case)
The former bear gauge SPX 1859.67 (0.236 1897.28-1737.92) served as a meaningful support (05/07 intraday low 1859.79).
Use SPX as a guide, closing above 1886 (1885.53) is the key for continuous advance, i still don't see new high possibility on NDX & RUT.
1859.67-1885.53-1912.84 forming an interesting Fibonacci relationship. (off 0.73 points from the idea case)
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