ajtj99's Market Pulse

[ajtj99]

I could be bullish for a few days, but that stick pattern did nothing for me, skono. The important things I look for and usually see at good 1-2 week lows are:

Bullish Divergences on the 60-minute chart
Key Support Levels Tagged

I have seen neither yet. We've broken some support levels, but we are still hovering above others. If we get bullish divergences on the 60-minute chart (requiring a lower low), we'll be almost there:

http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[e,a]eaclyiay[pc9!c13!c20!d20,2!c50!c200!b50!b200...

I have plans to buy 1168-1170 SPX for an op-ex trade.