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SPDR S&P 500 ETF Message Board

  • thespyisfalling thespyisfalling Mar 4, 2013 10:47 AM Flag

    Embittered troll,

    Do you see that 151.64 for the most part was defended. So there was no 5 minute close under it. So it pushed back up above and it leaves us inside the candle of Friday.

    If this is going to run then it has to take out 152.11 just to start with.

    Then it has to get past 152.18 and the extension is above 152.54. That is the set up. I don't know how the fans work. I trade the 10 day system. And for the most part it is pretty accurate.

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