Wednesday, April 1, 2009

So far so good

I almost nailed the D touch. It went slightly higher than anticipated. but it appears the wedge is in tact (for now). 50dma held SPX and possibly caused the reversal. BB's still too wide for any major move either way. 785 should be pretty good support with trendline, the 100dma, a support line and the gap all there. If it gets thru that 766 will be the next target.

GL today.

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