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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 15, 2009

$SPX


Here's a closer look using some fibonacci levels. It's uncanny how they line up with yesterday's price action and the Monthly Pivots at 850 & 808 levels...

If you are short the plan could be to take half off at 850 and let the rest run to 808.

Happy Expiration Friday

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