Tuesday, January 26, 2010
Tuesday morning
SPX ran down first thing to the 1089 area, didnt hit an RL. I was looking for at least 1086, then bounced and now is about to take out yesterday highs, which is no big deal. I would love to see 1124 to load up on puts/shorts but may have to settle for 1110 area. It sure seems weak. on the other hand, I am getting 60 min ITF, temp, macdbb buy signals. 1122 would be 61.8% bounce.57% RL is at 1124. this would be ideal.
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