Wednesday, September 22, 2010

9/22 10:30

The 30-minute break level is 30-minute close below 1129.50. 
However, breaking 1129 on any spike down should be an alarm.  The SPX equivalent is 1134.  The formal sell level for SPX break of it's 15-minute, 54-unit EMA is 1133.2
Anybody see a head-and-shoulders up there?

1 comment:

  1. It's a deformed one (a fitting description of this market), but I see it.
    Good luck today!