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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.43+1.6%4:00 PM EST

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To: TraderMann who wrote (9573)9/7/2010 11:56:51 PM
From: Chip McVickar1 Recommendation  Read Replies (1) of 218637
 
forward time projection for trend reversal at 11:00am est off 60 min chart... lets see what happens

s&p cash failed to reach a 75% retracement on the 60 min chart with a double top at 1105 on fridays weak volume

if 1085 isn't taken out cleanly... I'd be out of the trade fora scalp... also times runout for the move

not sure yet if this market has much upside potential...
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