friday trading, page-83

  1. 4,361 Posts.
    san felipe

    as you know, according to my stuff, the next major turn is due 20/2....so close enough to yours. i'm not convinced by the spx's daily/weekly at the moment. the charts seem to indicate its setting up for another major leg down / decline....but i suspect it's a head fake and last weeks lows may hold. checking out volume for the last couple of months looks like accumulation at the lows...but i could be wrong.

    i will try to trade the short side with care next week until we get better confirmation. your date makes more sense than mine at the moment with options expiry coming up in the u.s.

    good trading to all.
 
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