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View Full Version : S&P 500 bounce.


Chubby Khabob
01-08-2008, 08:27 AM
Bounce from the triple bottom or it could be looked at as a touch of the neckline on a head and shoulders. Gonna see much more volatility until economic news. Midwest realtors showing pending home sales up. Unemployment forecasted up at the same time. 25 bps cut expected. Tricky for investing, great for tarding. S&P key support at 1405. Pull a yearly chart on a daily scale. Careful with the ultras, their time is coming again very soon.

Luc1Grunt
01-09-2008, 01:17 AM
Bounce from the triple bottom or it could be looked at as a touch of the neckline on a head and shoulders. Gonna see much more volatility until economic news. Midwest realtors showing pending home sales up. Unemployment forecasted up at the same time. 25 bps cut expected. Tricky for investing, great for tarding. S&P key support at 1405. Pull a yearly chart on a daily scale. Careful with the ultras, their time is coming again very soon.

Broke that neckline. Not bad, not bad.