Posts Tagged ‘market trend’
Posted by StockRake on June 22, 2009 in Leveraged ETFs, Leveraged Funds, Market Comments, Stock Market Charts, Technical Analysis, Trades
I’m Going To Make This Short: I’m Good
I’ve been saying a break of 819.53 will result in a test of 893.06. SPX settled at 893.04 today. So that is below the next level. This tells me there will be a test into the 870s. This is where we are going –> (877.52, 872.81), 865.3, (858.73, 852.06), 841.5 **(cluster), outlier Clusters usually get …
Posted by StockRake on May 16, 2009 in Market Comments, Technical Analysis
SPX Analysis
Based on the SPX break I see us testing these levels in this order: 877.52, 872.81, 871.79, 865.3, 858.73, 852.06, 841.5 The 870 levels probably get taken out the same day. Likely to bounce around and ultimately getting to the 858 level. As you can see on the chart above that 854.05 is where the …
Posted by StockRake on July 26, 2008 in Market Comments, Trades
Friday’s Upmove Was Confusing
Friday’s upmove was confusing to me. I’m starting to wonder a few things. The first is that my signals may have been off for 1 week since I was looking for a lower weekly close in the COMPX. What I was looking for was a relief of the oversold condition the market was in. We …
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