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Bangtime

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Bangtime

Re: Bangtime post# 38041

Tuesday, 05/19/2009 5:51:54 AM

Tuesday, May 19, 2009 5:51:54 AM

Post# of 51826
Squeeze play

as resistance\support converges in $SPX? The 10/10/08(low), 2/9/09(hi)UTL has continued to be in play providing support\resistance in recent days and now sits ~905+; the 200ma now sits at ~943; top bb daily 935+; middle bb daily ~885+; top bb in the weekly ~953; and 5/19/08 close,9/22/08 open DTL ~924+. And then there are the quiet ones; the DTL from the lows of 8/16/07, 1/23/08, and 9/29/08 ~962 and the DTL from the 3/24/00 hi, 10/13/05 lo ~ 919. They all have been respected in the past price action. Interesting times and stuff.
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