InvestorsHub Logo
icon url

Footquarters

01/31/07 6:47 AM

#4625 RE: GLENO34 #4587

re markets

Not trading insync, tilt is neutral. This would indicate more consolidation. Today's fundamentals will dictate, direction with Google ending the end of day stuff. Questionable report, 4 for 1 split, or something to move the NDX. Warning Warning, Will Robinson type of stuff...

SPX Hold Long bear-ly

Closed at the end of day with at hold long signal near term. Any break of 1427 and enter a tradeable short, 1424 being a hold short. Above 1427 hold long. Possible Bull Trap.

Dow Tradeable Long
(means entering long position in a contertrend move, but risk in holding over night)

Tradeable long here with hold long position at 12452. That also is the best shorting area.

NDX tradeable long

Conflicting min charts. Longer term are indicating a possible trend change from negative to positive, depending on the EOD stuff here.

Tradeable long occurred at day end. Any break of 1776 being a hold short position once again. 1798 is line in sand with short holding, and a break of 1790 would have shorts scrabbling and probably running for the hills. There was a buy signal that occurred on the 60 min charts with the overall trend still negative but usually a signal of possible trend change coming soon. I would think that after the fed announcement that GOOG stuff will come into play, so watch for a tilt UP after that. Any upward movement today could give a hold long signal on the 60 min trend chart. So monitor that chart with all the movement.