SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : John Pitera's Market Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (5970)4/16/2002 11:57:10 AM
From: Jorj X Mckie  Read Replies (1) of 33421
 
John, I would want to see 530 and then a pullback to 515 for entry.

The RUT is pretty extended right now. So I wouldn't enter simply on the break of 515. And if it can't take 515 out by at least 3 boxes, I wouldn't be convinced of its ability to run.

Also note that there is another price resistance area coming up at 540.

Of course, officially, 520 would break the price resistance at 515....but I have my own rules for P&F.

If I was short, I would have covered with the break at 480.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News