Blog description

My photo
A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Friday, May 22, 2009

$SPX - End of day update


I love it when a plan comes together....

If your long you can safely set a stop at 878.93

If your short you can safely set a stop at 897.97

Irregardless place a trade on either side of these lines:
Long above 897.9 and Short below 878.93. When they break a BIG, and I mean LARGE move will be made.

Have a Great & Safe Memorial Day Weekend



For the Web's best interactive charts, please visit http://www.Prophet.Net

No comments: