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Struggling at that 2570 level. Hmmm.
There we go. Above 2570. At 2572
The SPX seems to be looking to rally to that 2580 level intraday
THe SPX collapsed to 2553. Monday 11;54 p.m. PST It's at 2569. Buy zone
Even if the price were to collapse to the 2540 level, that 2700 level is looming large in the minds of institutional traders--according to my theory
If the price collapses to the 2600 zone next week, that might be an excellent time to go long--again
Maybe. But 2540 to 2600 is still a solid buy zone. And I mentioned that 2600 to 2650 is an attractive zone for many traders. And indeed the...
Ok. The SPX is at 2649. Testing that 2650 level. Well above that key 2640 level
So far, the bulls are in control intraday. Further, my theory says that anything between 2530 and 2600 is a strong buy zone. I also think that...
If the price can close at above around the 2630 level today, that's a bullish sign for next week, according to my theory
If next week, the SPX can rally above the 2670 level, a test of the 2700 level should happen. At that point, I shall have to decide whether to...
Thursday, 8:27 a.m. PST. The SPX at 2633 but hit 2641. 2640 is a key level for the week
But in this broad range action of flitting up and down, it's--at this point--profit taking territory
The SPX should have collapsed deeper than 2596 today, if the bears were to be truly in control. But this seems like just a set up for launching...
My theory says that the SPX will go back to test the 2700 level--I haven't bailed on my positions. I averaged in and if it hits 2710, I can exit...
Ok. a 50 handle rally since the nadir of Friday at 2585. A key for the week is rallying above around 2640 level.
Quite a collapse. But my theory says that the price shall go back up to the 2700 level at some point. And at that point, we'll have to look at...
I think the SPX hit the 200 MA on the daily chart
Ok. Entered long again at 2603
I averaged in at 2627. I wanted the SPX to hit 2615 or 2600 for another long entry. But it looks like it's going to go up now. It's 11 a.m. PST...
