justbizness45
Member
Charts aren't very clear to me but it looks like we didn't break the 50 DMA but stopped on top of it. From Tom's write up today
It looks to me that a break out hasn't quite happened yet and we are at resistance. I am going to hang for another day or two. 25C/25S/50G There has been alot of talk of S&P 1280/1320/1380 to bail. I initially was thinking 1320. What do you more savvy individuals think?, as I am still a rookie at this. . I do have one IFT left this month."The S&P 500 fell back into the wedge / triangle - whatever we want to call it today - that we have been talking about for a few days. I won't go into the drama again. Let's just say we are watching to see which side (up or down) breaks first."