Tuesday, August 10, 2010

8/10 10:10

Got in a bit early into SSO, but nailed DJ futures on the head.  My stop will also be my reversal to short.
The 90-minute SP futures M/A is 1113.30.  I am using this and the DJI 5-minute, 380-unit M/A as shorting points.  90-minute -14 pts is 1099.30 SP futures, 1102.60 SPX cash.  DJI is 10,485.  These are equivalent points on the charts, a bit below Friday's low.  This also clears the diagonal by over 13 points SPX.

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