TIME | ALERTS | |
15:48 | Odd day.
| |
15:25 | SPX 900 is a real possibility before the close today.
| |
15:00 | Obama did not say anything new. Markets sharply lower. We are short at 918.50
| |
14:57 | The SELL at 919 still stands.
| |
14:56 | There is a minor reversal at 15:00
| |
14:55 | Obama speaks, and the markets start going lower. Mmmmm......
| |
14:42 | Looks like the Obama news conference is holding things up, literally. I do not think we are going to finish this day this high up. Be ready for a quick sell off.
| |
14:25 | Everything is still flat.
| |
13:57 | Sticking with a SELL if we move below 919.
| |
13:56 | Numerous markets are indicating a move to the down side. Just cannot get a good clear signal right now. Stay tuned.
| |
13:48 | A retest of 921 is expected.
| |
13:46 | Minor support at SPX 918 Major support at SPX 900
| |
13:38 | A move below SPX 919 would generate a SELL signal.
| |
13:31 | Breaking to the upside. Exact time of reversal is 13:40
| |
13:26 | Should see movement in the next 10 minutes.
| |
13:25 | I would not buy into a break to the upside if that is what happens in the next few minutes.
| |
13:20 | Market is clearly building up for a big move in the next 30 minutes.
| |
12:49 | Ouch. We hit 924. That was too risky. Still waiting for the move down.
| |
12:35 | We are short 919
| |
12:32 | NDX is again sending the clearest signals. A reversal seems to be minutes away.
| |
12:27 | Waiting for 919
| |
12:22 | Risky play. SELL at SPX 919
| |
12:18 | Confirmation is starting to build for a move down.
| |
12:15 | Waiting
| |
11:54 | A move below SPX 913 before 12:30 would trigger another SELL.
| |
11:52 | Another possible reversal around 12:15
| |
11:45 | Some resistance at SPX 920
| |
11:43 | Stopped out at 917 The low was around 913.50
| |
11:24 | There is support at SPX 912
| |
11:12 | Reversal is taking effect. A move back to the open is possible.
| |
11:00 | SPX at 923
| |
11:00 | ** SELL We will try it one more time.
| |
10:35 | SPX hit 928 and is now down to 923. Looks like i called that reversal a few minutes too soon.
| |
10:23 | Still expecting a reversal here.
| |
10:23 | Stop out at 925
| |
10:18 | There is resistance at 924, and we have touched it. A close on the 2 minute charts above 924 would be enough to stop me out.
| |
10:14 | ** SELL I think 908 is possible. SPX is at 921
| |
10:10 | 10:20 is shaping up to be a reversal. Could be a short play here.
| |
10:00 | SPX 920 is looking like the top. We might touch that again today. I do not think a break above 920 will last long.
| |
10:00 | Not expecting too much today. As predicted in the newsletter, Monday or Tuesday, and Thursday were the days for big moves.
| |
09:44 | Scanning
| |
09:21 | Good morning!
| |