Tuesday, December 27, 2011

Hope everyone enjoyed the holidays:)

I am short 1262.75.
Also carrying the ZN short, but 129 is taking a long time to happen so it sits there still.

Here's a view - SPX daily



  • Between 1075 and 1100 ought to get a test sometime.  Looking for confirmation around 1253.5.
  • But if this spot doesn't hold then maybe it grinds toward the 1330 first.  Seems out of line, but the times are changing.  My stop is 1266.
  • If this plays out, I am trying to long in the 1080-1100 range, maybe.  I see repetition that could put it there.
  • This post, all chart numbers SPX.
GL

Wednesday Edit:  50% off 1248.25
I covered 1245.75.

Wednesday night: ~50% short 1249.50, stop 1251.5,
to avg 1250.  

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