We've been talking about this green zone for a few weeks now and it finally has it's chance to test it out.
SPX Daily Chart:
Friday, August 8, 2008
SPX: Bullish Game On
Okay, the stage has been set and with the close over 1292 today it's on the launching pad to 1310+. There is little resistance to 1310 so it should be easy IF the bullish tone continues next week.
We've been talking about this green zone for a few weeks now and it finally has it's chance to test it out.
SPX Daily Chart:
We've been talking about this green zone for a few weeks now and it finally has it's chance to test it out.
SPX Daily Chart:
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1 comment:
Doug,
With the huge move today, 8/8 how does that affect your RUT IC and the parameters of your green box. If doing it over again, (Monday) would you move the spread up to higher targets?
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