Tuesday, June 16, 2009

Larry Levin's Video Blog: Favorite Trading Techniques

1 comment:

  1. Hi Kenny
    My 2 cents
    Close last friday 918.90(-1.36)
    Bulls try to break important range [935-921] but close again below 928 and 935. Vix new lows again lose 1.7%.
    Readjust numbers because spx visited target short-term this week.

    Below 928 I expect [880-893] again.
    Below 935 I expect [790,820] medium term.

    Suport important big picture [880,893]

    Important Monday
    -Resistance Hourly range[921,928].
    -Suport 913 and 896.
    -Control MACD hourly and 913.
    MACD near new sell signal.
    Close hourly below 913 we will see 896 and bears will try to attack important suport [880-893].

    Plan for Monday
    Open more short if:
    New sell signal macd hourly and close hourly above 913 rule number 3,4,6.
    Click to zoom in.
    New post soon.
    Enjoy the weekend.
    http://followmarketrend.blogspot.com/2009/06/spx-update-daily-and-hourly_27.html

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