Replies to post #57786 on SPDR S&P 500 (SPY)

[GLENO34]

47.66 is the 60 min 50MA..I do not quite have a signal for that move..but would guess that is where we are headed...

[learningboutinv]

Well, I just got out of my QID ST position that I've been holding since last Thursday for +.65. I think we are getting close to the 60min support on the QQQQ at 47.66 that gleno pointed out. Plus, we tagged the 60min lower BB on the $NDX charts. I will keep my eyes open for another entry. Now that I am out I bet $NDX will drop to the $NDX 1920 level forming the "H" on the 60min. Will post a chart in a sec.