Tuesday, October 5, 2010

On watch

My latest number based on Monday action has moved the aggressive sell to 1135 spx. from 1132.
My model see's nothing else.

Technically today had a 9-23 look with the tick,trin and pressure at similar levels but not exactly.
So a hugh gap up could cool the down side so be on watch. Remember my buy or sells are based on the close number. I think 1141 is a pivot and barcharts has resistance at 1146.17.

My best guess is we have a weak open and low PM close.


Jerry

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