Posted at 1035
edited at 1140
Market Timing for Daily and Intraday Trading Options, Futures and ETF's on SPX, NDX, and DJIA.
Our Swing position - 100% short position at the opening today with tight stops set just above stated resistance.
Our Investor core position - we will remain in cash till SPX 1290 is breached again (which may be tomorrow).
The expected opening and downward move near resistance with a high percentage lateral day evolving. Watch for the necesary attempt at new high levels.
SPX time locus points (5 minute bar) this morning: H=possible high; L=possible Low
1040 L
1120 H
1240 H/L ?
More near 1400
WBB
Wednesday, April 19, 2006
Timing Market Turns - 04/19/2006
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