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).
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).


2 responses to “Traders Corner

Subscribe to comments with RSS.

  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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: