Monday, June 29, 2009

SPX - Update Daily and Hourly


Close 927.23(+8.23)
Bulls try to break important range [935-921] but close again below 928 and 935. Vix new lows again 25.35 (-2.1%).

Below 928 I expect [880-893] short-term
Below 935 I expect [790,820] medium term.
Suport important big picture [880,893]

Important Tuesday
-Resistance Hourly 928 and daily 935.
-Suport [913,915] and 896.
-Control MACD hourly and 913.
MACD near new sell signal just like friday.
Close hourly below 913 we will see 896 and bears will try to attack important suport [880-893].

Plan for Tuesday
Open more short if:
New sell signal macd hourly and close hourly above 913 rule number 3,4,6.
Click to zoom in.
Until now so far so good. I just have to follow the plan


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