Replies to post #53978 on SPDR S&P 500 (SPY)

[learningboutinv]

FWIW, NERS 5min gave a long signal @ ~74.60 QLD/45.60 QQQQ. Hitting some resistance right now @ QQQQ 45.88 (Edit which is the 50dma on the 5min and acted as resistance yesterday). I guess that is the number to watch. Who knows, may be the fund mgrs will try to salvage whatever is left of this month as the close the books.

[GLENO34]

be..I only had a small position yesterday so no bank breaker..I think we will go up and kiss the 60 min 20MA and possibly even fill the gap from yesterday..Just have to wait it out..I may just wait and reshort instead of trying to play a counter move here..Missed a big chunk already..