Market Timing for Traders and Investors - 0949 EST
We have exited all index positions. The first downward support level is at SPX 1285.50, NDX 1660 and Dow 11085.
Currently, the Dow and SPX have penetrated those levels while NDX has held up so far today.
More later, after the opening action is settled.
Good Trading and God bless
W. B. Busin
Edited at 0959 EST -
We are looking at the opening gap at YMh06 11080 for yesterday's Dow futures as a target level for reversal upwards.
Thursday, February 23, 2006
Market Timing Update - 02/23/2006
Posted by W. B. Busin at 2/23/2006 10:38:00 AM
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