Saturday, June 27, 2009

SPX - Update Daily and Hourly


Close last friday 918.90(-1.36)
Bulls try to break important range [935-921] but close again below 928 and 935. Vix new lows again lose 1.7%.
Readjust numbers because spx visited target short-term this week.

Below 928 I expect [880-893] again.
Below 935 I expect [790,820] medium term.

Suport important big picture [880,893]

Important Monday
-Resistance Hourly range[921,928].
-Suport 913 and 896.
-Control MACD hourly and 913.
MACD near new sell signal.
Close hourly below 913 we will see 896 and bears will try to attack important suport [880-893].

Plan for Monday
Open more short if:
New sell signal macd hourly and close hourly above 913 rule number 3,4,6.
Click to zoom in.
New post soon.
Enjoy the weekend.
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