Tuesday, June 15, 2010

June 15th, 2010

Again, the market hit the resistance level at 1103 to 1105 for S&P 500.

It seems like GS is struggling to go up comparing with the overall market.

Something to watch for.
VIX at 25
TZA at 6.50
S&P 500 at 1103 to 1105 area.

7 comments:

  1. not much happening today. stalemate for now. oh well. no excitement.

    unque

    ReplyDelete
  2. spoke a minute too soon.. now comes the fun

    reess

    ReplyDelete
  3. If we close underneath 1090 SPX, that would be sell signal, a close above 1105 SPX would be a buy signal.

    ReplyDelete
  4. You might see a big drop off for the market this afternoon.

    ReplyDelete
  5. everything too amazingly bullish.
    $TRIN .28
    VIX -2.76
    $TICK slammed +1000

    it's nothing buy buying today.

    anything is possible, but I don't the computers won't reverse on this one today.

    glingyne

    ReplyDelete
  6. spy hit R2 exactly: 111.73


    terstro

    ReplyDelete