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CharterJoe
Rep: 4,475
Posts: 2,352
Here's some sq of nine S/R #'s I am looking at today....

1315
1297
1283.5
1279
1268
1261
1247.5
1243

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CharterJoe
Rep: 4,475
Posts: 2,352
Long @ 73...targeting 79, 81.25, and last cons @ 89 at which point would be a nice short.
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koolblue
Rep: 48,651
Posts: 16,032
long 2 @ 1271.00
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BruceM
Rep: 216,211
Posts: 19,895

see edits below.....

I have 71 - 72.50 as a key and then the 51 - 52 area......I'm not convinced of higher prices today.....that rally yesterday wasn't impressive from a volume stand point....I do hope you folks have good longs up here though

EDIT: I made an error...key downside numberzone for me is 52 - 55


EDIT: data was goofy so 67 - 69 is key upside number zone
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koolblue
Rep: 48,651
Posts: 16,032
As everyone knows , im expecting weakness from the 9th- into the 15th -16th. I do however have higher projections off of the daily chart(1291.75). long here hoping for some kind of retest of the 1282 high
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BruceM
Rep: 216,211
Posts: 19,895
my other concern is that in Mondays RTH we had no net buying...all the buying was done in the overnight......I would have prefered to "see" the big boys enter agressively from the open and trade progressively higher all day
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BruceM
Rep: 216,211
Posts: 19,895
very small gap in overnight data at 62.50 and 64 even...so IF ( and thats a big IF) I can get short I'd like to see them go clean that up....
RE
redsixspeed
Rep: 4,111
Posts: 1,711
EZ to get short with Ben speaking LOL :)
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koolblue
Rep: 48,651
Posts: 16,032
mini cycle low bottoming here. (ps: i keep getting 1264.50 as a key number).ORDER TO BUY 2 @ 1267.25
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koolblue
Rep: 48,651
Posts: 16,032
COVERING 1269.00... ill watch the open
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CharterJoe
Rep: 4,475
Posts: 2,352
Stopped @ 71...I didn't fell as good on that one with the markets almost 60points off there lows.
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CharterJoe
Rep: 4,475
Posts: 2,352
Bruce if you split the red lines it called the high i.e. 1261 sq root +.125 squared = 1269.89 RTH high was 1269.5