** Technical Projections include combinations of Custom Fibanocci Retracements, Mathematical Measured moves, Open Body Gap Theory and may reference most respected Moving Averages.****DISCLAIMER- These are meant for reference purposes.They are NOT Buy/Sell recommendations or the opinions of anyone I am associated with through employment.
Thursday, October 30, 2014
SPY thoughts 10/30
The 196.71 was filled for me this am-it bounced back to figure then dropped 196.52,didnt trade really. ** Anyhow, I thout that we needed a little overnt digestion thru 197,some gaps were filled- feels ok at these levels,but who really knows.The massive program trading monsters will do what they do. all we can do is observe probable technical inflection points-
DAILY LEVELS same ,pretty much booked yestrday within pennies.
BUY LEVELS
196.71,196.32,195.73
SELL LEVELS
199.23 199.73
http://content.screencast.com/users/MrSoul70/folders/Jing/media/319fa953-251f-455b-95af-dbb445c6372e/2014-10-30_0857.png
Closer 60 MIN Intraday:
BUY LEVELS
196.52,196.05,195.76
SELL LEVELS
197.51 197.74 198.08
(these more likely to be violated and wuld change)
http://content.screencast.com/users/MrSoul70/folders/Jing/media/c19c98e8-c476-4a63-aa55-83a312c64555/2014-10-30_0858.png
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