Looking at fibonacci retracements of the $SPX, $COMP and other notable indices....we can see that we're at a pivotal points in the markets.
http://www.freetradingvideos.com/vlog/default.asp?category=1 http://www.fibonacciqueen.com/public/801.cfm From: [email protected] To: [email protected] Subject: {GS} Re: Day trade Date: Fri, 31 Jul 2009 16:40:52 -0500 We can't ignore the $VIX today. The open today is 25.40 and the high of the day is 26.22...( a close above 26.00 is key to possibly the markets turning bearish). The low of the day 24.93 is range bound near the 25.00 area. The closing candle is a spinner. The 20 sma (26.07) was breached today and offered little resistance as the close of the day 25.93 evidence a possible shift in sentiment. The 8 sma (24.53) may be tested several times and will need to continue to hold as possible intermediate support next week to confirm the shift and a possible market pullback. http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=6&dy=0&id=p12974513307&a=138587146&listNum=1 The weekly chart of the $VIX. http://stockcharts.com/h-sc/ui?s=$VIX&p=W&yr=2&mn=0&dy=0&id=p45199780302&a=148502480&listNum=1 http://www.freetradingvideos.com/vlog/default.asp?category=2 Date: Thu, 30 Jul 2009 09:56:57 +0530 Subject: {GS} Day trade From: [email protected] -- "Unless you try to do something beyond what you have already mastered, you will never grow". </html _________________________________________________________________ Get free photo software from Windows Live http://www.windowslive.com/online/photos?ocid=PID23393::T:WLMTAGL:ON:WL:en-US:SI_PH_software:082009 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
