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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%4:00 PM EST

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To: GROUND ZERO™ who wrote (39166)10/19/2012 2:18:30 PM
From: Chip McVickar  Read Replies (1) of 219143
 
120 min cash charts show a window to reverse today 2:00 to 3:00 at about 1430-33

Lower tines and cross with forward median line - plus trend line support at 1432

This seems like a fairly stable retracement within the market chop since early September.

Thinly traded... where by the specialists and trading programs flourish.

Price should reverse right here and now
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