Replies to post #10768 on New Trading Systems - Think Tank

[bbgold]

Sounds Good 124/125 prior pivot
QQQ 56 also a good target. Will see if we get a move after 12 to retest the tops. Looking for a HOD at EOD and Resistance. Not sure which way we gap in the am. Nothing wrong with locking in any profits if Long here. Want to see TNA break 44 to retest 46. I think when Bonds close the Markets leap higher, jmho.

[skidstreet]

That sounds about right. The 61.8% retrace of the recent decline from SPY 126.38 to 120.03 = 124.00.



http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=0&mn=1&dy=0&id=p91033419580