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Tuesday, September 28, 2010 6:19:22 AM
Hold Long - tradable short to 1130
The 1140 SPX area was tested yesterday, now a gap up to fill the last move down at the open. If they break the 1140 SPX area, then we will immediately test the 1130 SPX which is a major support area for this move. End of Quarter and Month coming up. Any big down volume will create a big down move. Woo Hoo ready to turn over, but the Stochastic must cross for that to happen.
The 1140 SPX area was tested yesterday, now a gap up to fill the last move down at the open. If they break the 1140 SPX area, then we will immediately test the 1130 SPX which is a major support area for this move. End of Quarter and Month coming up. Any big down volume will create a big down move. Woo Hoo ready to turn over, but the Stochastic must cross for that to happen.
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