Saturday, July 30, 2011

Targets for Monday or Tuesday

On the chart below I have targets of Spx 1247.07 to 1269.04 for Monday or Tuesday.Those numbers come from 7% lower than the 5-1H or the 7-7H
I prefer 1247.07 or less for a perfect low.
That would include a trin of 2.50 or higher. A lower HIGH,LOW,ClOSE of day before.
click chart to enlarge.

Friday, July 29, 2011

Possible Action

Sunday, July 24, 2011

High very close within next 6TD's

The 1355 never came as the green trend line became resistance. Now we will be looking for the
perfect low under 1300 some where.

I'm looking a high within the next 6 TD. We are close to a high with spread sheet numbers.
I would like to see the vix a little lower, the SPX above 1355 and a burn out on upvolume (92%?) with a tick over 1000+. The end of month has many 30 degree cycles of high and lows.

I have rented an excavator to dig trenches for a new deck, so busy measuring and buying the 12"sono tube and base. Town rules! As pictured.