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Thursday, April 06, 2006

Timing Market Turns 6 - 04/06/2006

Market Timing - posted at 1440 EST

EDIT: I meant to do this earlier - I will post up answers after the close to questions asked through this blog's Comment.

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

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


Time loci for Turns, 5 minute timeframe - 1355,1440


In post 4 today, I wrote: "Daily resistance at SPX 1310 is the level that must be surpassed to maintain the upward daily trend - within 2 days from our trend parameters." The pit traders must be reading this blog too! -:)

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

More after 1430 EST

Good Trading and God bless

W. B. Busin

Posted by W. B. Busin at 4/06/2006 01:45:00 PM

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