Friday, December 02, 2011 7:33:41 AM
SP Futures 1245-1250-1260
Big jump just ahead of the FTSE open, not sure of any News there.
Jobs report comes out in an hour, 8:30, just ahead of the Market open. Looks as though the LOD at EOD and Support continued to be a Buy signal for the Plan. I saw it and ignored it with the SPXU trade, Ugh. SPXU premarket low 13.30, 52w low 13.10. Definitely would have been Safest to exit SPXU in A/H with the Support holding at the 100sma. This am looking like we might get a spike high double top on the FTSE with the EURO back at it's resistance 135. You can see in the EURO/SPY post the typical Sell at Resistance, but only if it Holds Resistance.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68819025
Will be watching for a morning double top again and possible sell back to support.
Big jump just ahead of the FTSE open, not sure of any News there.
Jobs report comes out in an hour, 8:30, just ahead of the Market open. Looks as though the LOD at EOD and Support continued to be a Buy signal for the Plan. I saw it and ignored it with the SPXU trade, Ugh. SPXU premarket low 13.30, 52w low 13.10. Definitely would have been Safest to exit SPXU in A/H with the Support holding at the 100sma. This am looking like we might get a spike high double top on the FTSE with the EURO back at it's resistance 135. You can see in the EURO/SPY post the typical Sell at Resistance, but only if it Holds Resistance.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68819025
Will be watching for a morning double top again and possible sell back to support.
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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