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Friday, April 07, 2006

Timing Market Turns - 04/07/2006

Market Timing - posted at 0951 EST


Swing trade - 100% long positions; stop for all positions to SPX 1298.

Investor core - 100% long positions; stop for all positions to SPX 1298.

Daytrader/scalper would exit longs here at SPX 1312 at 1440 EST

A low here at the 1440 time locus is positive. Holding this level toward the close, and staying above SPX 1305 today will give a good platform for tomorrow's trading.


Time locus for turns - 5 minute timeframe- 1020,1100,1145,

More after 0945 EST

Good Trading and God bless

W. B. Busin

Posted by W. B. Busin at 4/07/2006 09:34:00 AM

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