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Commodity Trading Discussion Forum

spx--friday

Posted By: TJC
Date: Friday, 6 November 2009, at 11:55 a.m.

Good morning, Forum
SPX 10 min chart certainly suggests that IF/WHEN 1061 is breeched, market could easily break much harder.
I believe it is significant that today's high was made at 9am (cst). Half hour into session, buying momentum ceased.
Only a new high on the day would negate my "negativity".
Trade well
TJC
Note: Outside markets exhibiting weakness!

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