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Friday, October 12, 2012 12:00:03 PM
S&P 4 Hour Chart
Hey Boca. Here's the S&P chart I'm looking at. This is where I'm getting my 1530 target on the S&P from.
Thought this might help for your options trades. It'll be risk on for a while at least through the election if this chart holds up. I expect a nice bounce from these levels.
I'd say the call options are gonna pay off very nicely over the next couple of weeks at least.
4 Hour Chart first and then the zoomed in 30 minute chart showing the correction wave count which will lead us to a nice 5th wave up. Note that the overall 3 wave correction we're in now is similar to what happened last time for the Wave 2 pullback.
Hey Boca. Here's the S&P chart I'm looking at. This is where I'm getting my 1530 target on the S&P from.
Thought this might help for your options trades. It'll be risk on for a while at least through the election if this chart holds up. I expect a nice bounce from these levels.
I'd say the call options are gonna pay off very nicely over the next couple of weeks at least.
4 Hour Chart first and then the zoomed in 30 minute chart showing the correction wave count which will lead us to a nice 5th wave up. Note that the overall 3 wave correction we're in now is similar to what happened last time for the Wave 2 pullback.
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