Replies to post #25471 on ETF SWING & DAY TRADING

[shortterm]

FTSE-100 almost at 6000, closed at 5,993.20

I was waiting for that to start shorting. I think we might get a fake break out today. Tomorrow they'll head fake above 6000 which might cause a short lived rally. (FTSE-100 futures and options expire at 10:30am GMT.) Then everything can fall in synch....

At least I would not be surprised if that happens.




Is that some resistance or what:

[ajtj99]

1316 SPX is strong resistance. That's the May 2001 highs. 600 OEX as well. We normally don't blow through big, important levels like that, torqputty.