Traders Corner   5 comments

Sorry folks, but the Traders Corner is all you’re getting today. My lovely daughter decided to give me the flu for Christmas, so I will probably be sleeping the rest of today.

The S&P 500 levels to watch today:

UPSIDE: none.
LAST CLOSE: 1833 (December 24th’s high and the all-time high).
DOWNSIDE: 1831 (top of the Bollinger Bands), 1828-1829 (2 data points), 1822-1823 (2 data points), 1810-1813 (5 data points and November’s high), 1808 (December 10th’s high), 1806 (2 data points), 1792-1803 (8 data points and the 20 day moving average), 1786-1788 (3 data points), 1779-1783 (5 data points and the 50 day moving average), 1777 (2 data points), 1775 (October’s high), 1772 (2 data points), 1768 (bottom of the Bollinger Bands), and 1767 (December 18th’s low).


Posted December 26, 2013 by edmcgon in Daytrading, Investing, Market Analysis, Technical Analysis

5 responses to “Traders Corner

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  1. Bought UCO at 32.70. Not selling covered calls yet. Oil is in an uptrend so I’ll see if I can get a little more out of it before I sell the calls. Looks like it can get to 34-35.

  2. happy I was patient on ATHM. Up 13% today and it was an out-sized position for me. Still plan to wait until next year (ha-ha) to sell.

  3. sold my TC at 2.32. Made 6% in 3 weeks. Glad I didn’t bail at $1.77!

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