Tuesday 23 October 2012

11am update - morning floor sp'1407 ?

Well, that was a pretty exciting past hour, with the sp' hitting 1407


sp'15min, rainbow



sp'weekly, rainbow


Summary

I closed out a little earlier, seeking a re-short later today around 1417/22.

Based on the weekly charts, primary target would be a hit of the lower bollinger @ 1325 within 1-3 weeks, if not 'days'.

VIX' has shown some good upside action, and bodes for a break above 20 later this week.

back at 12pm!