Under 143.30 i will sell any rally, targeting 140.35 and then 200 days e.m.a. (Friday at 135.75).
Saturday, October 13, 2012
QQQ - Under 67.06...
Two scenarios:
- Price regains 67.06, i will stay neutral and will wait for a short term bounce.
- Price will not hold above 67.06, i will sell any rally in any time-frame, targeting 65.5 and 64.35.
S&P500 - 1430 tested, now 1396?
As said during the week trading days, i am bearish in all time-frames with SPX under 1430.
Market is also short term oversold, which might let the bulls fight back a bit... Above 1430 expect 1444 or even 1451...
Market is also short term oversold, which might let the bulls fight back a bit... Above 1430 expect 1444 or even 1451...
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