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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
We should also not forget the Dow-30, which is the ONLY major index above the Aug trendline & those 2 key MAs
Ashraf
"As I said below the pattern suggests will make a low of 1318.07 to 1306.62 area being 100% sym and 127.2% sym ext respectively, the former being just a twitch below the 55DMA and the latter being a twitch below the 100DMA. Pattern as per daily chart and 60 min chart."
Today the SPX bounced off a low of 1318.51, near as dammit the 100% sym.
Mach, I'm sure you are much better equipped than me for scalping (or HFT). Got yer server at the exchange ? :-)