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 694.04

+0.7%

Jan 9 4:00 PM EST

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To: penthouse mike who wrote (37175)	8/30/2012 4:19:12 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 221579

FOR FRIDAY, THAT'S TOMORROW, A CLOSE ABOVE 1408.50 WOULD CONFIRM A NEW MAJOR MODEL BUY SIGNAL... ALSO, A CLOSE BELOW 1402.80 WOULD CONFIRM A SECOND MAJOR MODEL SELL SIGNAL... THE FIRST SELL SIGNAL WAS TRIGGERED ON 8/20 AND THE MODEL IS ALREADY SHORT ON THAT DATE FROM 1417.90 AS POSTED ON THE THREAD... This market is currently trapped between two signal prices, which ever way it breaks will very likely be the new trend for this market... the above mentioned sell signal will be triggered on the opening of this evening's session unless the market opens above 1402.80... GZ

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