it looks like sell volume is stronger than buy. seems like those stops are tight.
Thursday, July 30, 2009
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2 comments:
Is anybody saying we won't hit 1000 SPX? The most telegraphed 7 points ever... makes me wonder.
XLF streaking to 13.09 May high resistance level, again a very telegraphed move.
If it fails, it could be fast and furious to XLF 11's and SPY 93's.
If they break above, it might be impressive for a bit, but the how far will they go?
38% Fib levels on SPY are 100-101 and 50% Fib is 111 from Oct 2007.
well not like we can't get the trade of last resort above there...
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