Traders Corner   2 comments

Yesterday’s drop moved the S&P 500’s Williams %R into neutral territory. With futures up this morning, it could be a good day for bulls.

The S&P 500 levels to watch today:

UPSIDE: 1757 (2 data points), 1759 (2 data points), 1762 (October 29th’s low), 1764 (October 28th’s high), 1768 (October 31st’s high), 1772 (October 29th’s high), 1775 (October 30th’s high and the all-time high), and 1796 (top of the Bollinger Bands).
LAST CLOSE: 1756.
DOWNSIDE: 1755 (October 31st’s low), 1752-1753 (3 data points), 1745-1747 (4 data points), 1740 (2 data points), 1735 (October 18th’s low), 1729 (September’s high), 1724 (20 day moving average), 1709 (August’s high), 1698 (July’s high), 1696 (50 day moving average), 1687 (May’s high), 1654 (June’s high), and 1652 (bottom of the Bollinger Bands).

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2 responses to “Traders Corner

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  1. I have set a limit sell order on UPRO at $84.93 today. I may sell it for less than that if it is reasonably close to it this afternoon.

  2. I bought a stake in HIMX today at 9.54. This is a play on google glass. I have been watching the stock double over past six months, but finally pulled trigger as I still think there is upside.

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