October 28, 2010

Morning Post, SPX, S&P 500, e-mini

NYSE total volume - got to get it over the yellow line.By a bunch!

SPX 10m with gaps and fibs. There is the upper diagonal I was referring to at the close. Open took price to the 61% fib at 87.5. Once again, anything above this severely lessens the chance of that move being nothing more than a corrective.

Told you we were on a point where it could explode late yesterday. After false breakdown and a really ice retrace off the 93 highs on the minis she's rallied back into the wedge.
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