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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 686.19-0.5%Feb 4 4:00 PM EST
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To: GROUND ZERO™ who wrote (28853)2/1/2012 9:56:23 PM
From: Joseph Silent  Read Replies (2) of 222935
 
Update: GZ, I made a small update after looking at a few more things.

After the behavior of the last few day on the 1306-1316 segment (lowest orange line), something suggests to me that the game has changed. If this is correct, then the parallel orange lines above will give an indication of what we will likely be banging against in the future as we move up into the low 1400s.

The orange lines divide overhead space into equal-sized chunks. I'll update later as and when necessary.

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