SPDR S&P 500 (SPY): 2bit, It was not officially an R3, BUT,...

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Re: 2bit-nothing post# 76898

Tuesday, 03/31/2009 2:08:11 PM

Tuesday, March 31, 2009 2:08:11 PM

2bit, It was not officially an R3, BUT, looks like it was right there with the Friday 27th CME at VOL P2C of 2.4 and O/I P2C of 5.2 on the and look what we got yesterday....

I think getting two different "Close" calls at the same time might add up to getting "One" official Call....

We will have to consult NM on that, I know he will have something to say!!! LOL -- What say ye there NM???

Yesterday, we had SPX 2.8 Vol and 3.3 O/I P2Cs
as well as CME 2.5 Vol and 3.0 O/I P2Cs

We are at the top areas of "right shoulders" on many charts and could bounce between "necklines and shoulder tops "for a while.
bobjack

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