Thursday, July 08, 2010

Out at 1058.50 - ES now headed for 1050

6 comments:

spycharter said...

I have SPY at support. You can draw an upwards trendline connecting the two lows for today. If SPY stays above this (~106.4) then I expect SPY to continue rallying. I like you upside range estimate of 1075.

roguewave said...

(1059.50-1127.50)/11 + 1059.50 =1053.32

raven said...

This is it for a while for the bullish case. next stop 960.

yrichter said...

Carl,

I'm curious why you see additional, albeit limited, weakness, when your lower end target was only breached by a point. Thanks,

Isaac Richter

Adam Burns said...

Good timing raven...

aymon said...

in at 1058.25 and out 1058.5 es?

es closed at 1067...

where's your conviction on es 1055-1075 range for the day?