Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: fred woodall who wrote (27352)	12/6/2011 10:14:46 PM
From: Chip McVickar	of 218662

Hello Fred... No I did not re-enter at the close off 1265... and the double top on the 60min charts Triple in the 15 min My time frame for a tradeable short was to come in about 10:00 to 11:00... The follow through wasn't strong enough get me into another short again... Also look at the walk up this blue median line... since the beginning of dec... Price wasn't pushed down-hard or away..., after 11:00... but held...!!! Also, the 75% fib has held Watching 2:00 pm - 7 dec... In effect price is now poised to be pushed higher.... even significantly higher After market futures seem to agree right here on this time stamp

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