Replies to post #13664 on Short Term Trading Member Forum

[BlissBull]

thanks denmo, he says 1211/1212 is key resistance...

Result:

The current downward wave should persist for the next 2-3 weeks and head for the 1,180ish range to a tradeable intermediate low... That presupposes however, that the SPX will make a mini-correction (to 1,211-1212 max) at the beginning of the week, and the down-trend does not get broken.

http://clearstation.etrade.com/cgi-bin/bbs?post_id=6784454

(So the current bounce should continue to 1211, and if it breaks 1215 the bottom is in!)


"MELT-UP" TIME!!!