As I have been stopped out by the morning whip around I am going back to the 60 min SPX chart that has been working very well. Wondering if we are in the 3 drives to a high pattern as well as all roads lead to the 940 area on the trendlines. Is it too convenient to end the QTR at 940. Watching NQ as the techies have been running the market as of late. AAPL is breaking down now. A trade back into the ORB on the ES sets up a fast move down. Fun and games all around.
Monday, June 29, 2009
SPX
As I have been stopped out by the morning whip around I am going back to the 60 min SPX chart that has been working very well. Wondering if we are in the 3 drives to a high pattern as well as all roads lead to the 940 area on the trendlines. Is it too convenient to end the QTR at 940. Watching NQ as the techies have been running the market as of late. AAPL is breaking down now. A trade back into the ORB on the ES sets up a fast move down. Fun and games all around.
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