AI
Sunday, July 11, 2010 1:25:09 AM
SPX. The sloped 38.20% Fib imbedded in the FORK worked well so far. But the Midnight Cowboy might buy futures and THEY could gap easily above it on Monday morning. If so, we shall have a rendezvous with our old friend 1103.22, possibly on 07/16 (OpEx!). I also noticed that this level is harder to break when the index is rising than when it’s dropping.
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