Here's what I've got for potential S/R price action levels/zones (blue lines). The 1056 (and up to 1058) is a minor and "messier" area, but 56 is also the .786 fib rtc back up to the high of 1064 on 10/29/09 ... though I'm not a huge fib fan. My daily chart shows 50sma near 1049. The red line is Wkly Mid-Pvt.
Likely a funky day Wednesday due to Fed. Mkt currently trading at 1044 in night session. Interested in feedback and any other analysis!
BR
BruceM
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damn you kool....lol..I'm short from 55.25 but seems like volume needs to round out...not expecting much but if real lucky they'll go for the 41 area.....seems more likely to chop
MO
MonkeyMeat
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was typing in that the tape looked heavy and was trying to find a good short entry ... and that's when it broke on down out of around 52 ... no entry ... wish I'd posted sooner fwiw
MO
MonkeyMeat
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tried a short and tried to scratch out of it and lost 2 ticks ... finally found a way in on a small bounce (micro bounce) short @49 ... out @47 ... scalp ... think I'm done for day
42.50 and 37.25 are what I have as signif price levels below current mkt for now still
42.50 and 37.25 are what I have as signif price levels below current mkt for now still
BR
BruceM
Rep: 216,211
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44.50 is my best ...one measly one left...I want that 41.50.....r they going for 37.50???without me
KO
koolblue
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yeah, my freakin screen froze..had to reboot !!! saw on tv it was around 1056 or 7!..when my screens came back up it had already declined back to 1053 so i bailed! ended up plus 5 handles on the day ,so what the heck!

