tag:blogger.com,1999:blog-878354647175476723.post4880687618302222952..comments2023-04-07T07:51:46.366-04:00Comments on Erik's Market Blog: 950: most important level of the year.Erikhttp://www.blogger.com/profile/12581489893598823737noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-878354647175476723.post-90890642278894692202009-06-29T23:34:51.434-04:002009-06-29T23:34:51.434-04:00saw that, saw lots for OCT toosaw that, saw lots for OCT tooErikhttps://www.blogger.com/profile/12581489893598823737noreply@blogger.comtag:blogger.com,1999:blog-878354647175476723.post-78215755548811454882009-06-29T20:18:43.463-04:002009-06-29T20:18:43.463-04:00200k open interest for ETFC Jan calls?200k open interest for ETFC Jan calls?In Debt We Trusthttps://www.blogger.com/profile/05283475872936333396noreply@blogger.comtag:blogger.com,1999:blog-878354647175476723.post-14086765165618464132009-06-27T20:50:24.540-04:002009-06-27T20:50:24.540-04:00Hi Erik,
My 2 cents for this market
Short-term and...Hi Erik,<br />My 2 cents for this market<br />Short-term and must important big picture.<br />Close last friday 918.90(-1.36)<br />Bulls try to break important range [935-921] but close again below 928 and 935. Vix new lows again lose 1.7%.<br />Readjust numbers because spx visited target short-term this week.<br /><br />Below 928 I expect [880-893] again.<br />Below 935 I expect [790,820] medium term.<br /><br />Suport important big picture [880,893]<br /><br />Important Monday <br />-Resistance Hourly range[921,928].<br />-Suport 913 and 896.<br />-Control MACD hourly and 913.<br />MACD near new sell signal. <br />Close hourly below 913 we will see 896 and bears will try to attack important suport [880-893]. <br /><br />Plan for Monday<br />Open more short if:<br />New sell signal macd hourly and close hourly above 913 rule number 3,4,6.<br />Click to zoom in.<br />Enjoy the weekend.<br />See the chart where: http://followmarketrend.blogspot.com/2009/06/spx-update-daily-and-hourly_27.html<br />Big picture<br />SPX - Should be near the top of a medium-long term <br />I do not believe in running to 1,000 + on the spx. <br />I do not believe that two consecutive weeks will close above 956 in the coming months. <br />I do not believe that the spx can make a monthly close above 956 in the coming months<br />This is a typical bear market rally the market should be very close to the selloff back again. <br />During the coming weeks I will follow this charts. <br />Click to zoom in.<br />Enjoy<br />3 Charts prove that. http://followmarketrend.blogspot.com/2009/06/spx-should-be-near-top-of-medium-long.htmlAnonymousnoreply@blogger.com