Futures gap-down but still stable

silicon_beaver · 发表于 2012-5-7 12:14 AM

Tonight tested 1342, then ramped up to 1349.

Bull still has some supports. mainly around SPX 1340's.

1. SPX Mar low 1340 (Bear was attacking early tonight).
2. Then, FIB 31.8% (1202.37 to 1422.38), 1338.

Last Friday, Bear just took FIB 23.6% 1370

silicon_beaver · 发表于 2012-5-7 01:53 AM

Night ES is at its high 1350, waiting for European coming.

Since market negatively responses European elections weekend. It will be interesting.

silicon_beaver · 发表于 2012-5-7 02:24 AM

Europeans join. Green greeting. long green bars.

silicon_beaver · 发表于 2012-5-7 02:24 AM

goon night. see ya tomorrow morning.

shoujie · 发表于 2012-5-7 06:13 AM

As I said before, bears shouldn't be too aggressive to short until wave (5) finished.

I still think 1340 may have a support

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Futures gap-down but still stable

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