Wednesday, March 12, 2014 1:49:59 PM
$SPX - 1865 - 15 min chart. I am being cautious entering some trades that I'd like to enter, because of the down Europe and Asian markets. The US markets opened down the boogied up. But markets have been up for soooo long that am just watching at times for clues as to whether a downturn is coming.
SPX hit 1,867 (support/resistance) line and bounced off it 2x this AM. Am watching now, looks like 15Min chart is overbought, but its starting to turn around...maybe. So just wondering if sell off into afternoon, or rally.
Watching before making any other moves. I'm not sure what other people watch, but these help me.
SPX hit 1,867 (support/resistance) line and bounced off it 2x this AM. Am watching now, looks like 15Min chart is overbought, but its starting to turn around...maybe. So just wondering if sell off into afternoon, or rally.
Watching before making any other moves. I'm not sure what other people watch, but these help me.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
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