I'll see how they develop, maybe it will be worth a trade with a few more signals confirming, but it's like a nice shiny 1 min chart developing and rot under that.
Thursday, March 21, 2013
Leading Positive-I'd almost trade the weeklies here
If there were confirmation in at least the 2 min charts, which for most averages there isn't, I'd consider trading weekly calls, next week's expiration for the SPY.
SPY 1 min leading positive now, all the risk assets were leading the market at 2 pm lows.
SPY 2 min doesn't have any support though, this is what I mentioned earlier.
DIA 1 min, leading positive, the 2 min has a little support
QQQ 1 min leading positive
QQQ 2 min no support.
I'll see how they develop, maybe it will be worth a trade with a few more signals confirming, but it's like a nice shiny 1 min chart developing and rot under that.
I'll see how they develop, maybe it will be worth a trade with a few more signals confirming, but it's like a nice shiny 1 min chart developing and rot under that.
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