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Public blog posts only as education and entertainment. private membership market updates reflect my view and analysis of the market. The information contained on this website and from any communication related to the author’s blog and charts is for information purposes only. The chart analysis and the market comments do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor. And i absolutely discourage trading options.

Thursday, January 17, 2013

$SPX (from Jan 16 private member update)

private members updated on Jan 16:
"since last Friday, SPX had gap down open 4 days in a row, maybe tomorrow it will gap up."
on Jan 16, $spx closed at the green trend line support at 38.2% retrace.
"this is the third time in 3 days $spx using 38.2% to stage higher."
higher market was expected, and trading actions have been taken on Jan 16, and updated to private members.

going forward, i am looking for ...