ETF SWING & DAY TRADING

[SaintAvarice]

Pokersam re: $SPX

I'm going to stick my neck out here and vote for day down, week down, but I'm not putting any money on it yet. ST resistance seems to be around 1290 (pretty close), and 1250 is support (not so close). Plus, it looks like TRIX (10,3) is itching to turn down on the $SPX weekly. An evening star reversal is not something I wanna mess around with and the weekly chart has not negated it yet. If PM2X(v.9) goes long, I'll open a small position and if $SPX can close the week above 1290 then I'll definitely put my bull horns back on. Until then, I'm keeping my pennies in silver/gold.