Wednesday, March 10, 2010

Emini Levels for March 11th, 2010

We've come a LONG way! I think the market is due for a pullback, but probably not before the $SPX pokes it's head above 1148 for 5 or 6 points to SUCK IN THE LONGS! I'll be mostly watching and maybe getting in a few scalps.

Upside Levels (if we make a sustained upside break)
1230 - 61.8% retrace of entire pullback
1200 - resistance on the 3 year weekly

Downside Levels:

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About Me/Disclaimer/Philosophy

Trading since 1996, it NEVER leaves my mind which is a curse and a blessing. I trade stocks, options, and futures.