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Monday Waiting
November 3rd, 2008 at 11:10am · 1 Comment
The eMini has for the most part churned sideways for a few days now. This against a backdrop of a slightly deteriorating 60 minute chart. And yet, the eMini is now below the 60 minute channel with room to move higher. More importantly, the 135 minute and daily charts are plainly bullish. Market internals look okay this morning as well. In sum, I think a run to 1002-1012, the tops of the intra-day channels awaits.
Tags: S&P 500
1 response so far ↓
1 grasshopper // Nov 4, 2008 at 10:18 am
Starting to get the willies. Does the Vix have an encore?
BTW Great site. Just picked up your book too.
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