ETF SWING & DAY TRADING

[POKERSAM]

denmo83 - 1254 was the top I called for in April partly for the reason you point out. It was hit on the futures but not on the cash. 1254 was also in line with the previous two tops. With the cash market hitting as close as it did after the futures hit the line and then the decline of 40 points I believe it is safe to say the top is in. Ted Burge says that support and resistance has an error of +/- 1/2 of 1%. I see your point that the actual number was not hit on the cash but now I believe that it is not be necessary.
Good Trades
Paul