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S&P 500
5,424.81
(
-0.13%
)
US TECH 100
19,164.40
(
-0.02%
)
Dow Jones
38,506.65
(
-0.21%
)
Brent Oil
82.86
(
0.89%
)
Bitcoin
65,297.12
(
-2.01%
)
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northam43

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northam43

Re: None

Tuesday, 11/22/2011 1:12:46 PM

Tuesday, November 22, 2011 1:12:46 PM

Post# of 2930
Now the SPX 60 min is in the 27th trading hour. The last time the 60 min was at this level was at the beginning of the Bear market at the end of July. The following Phase 2 lasted only one trading hour and gained only 24.25 points or 1.91%. So things are looking pretty bearish right now.

Right now any attempt the 60 min makes at a Phase 2 is met with alot of resistance.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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