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Post by huh on Mar 3, 2015 15:08:50 GMT -5
Possible intraday iH&S forming in SPX, upside target ~2120. Should play out so long as 2105 holds (currently @ 2106). Confirms >2109.10. Another one of those "You didn't see anything" days? 2105.30 now the support. If it were to lose that it would mean back to the lows of the day, and very likely lower lows tomorrow. If not and instead breaks out over 2109, well, just another, typical, run-of-the-mill, late day rally.
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Post by huh on Mar 4, 2015 13:03:14 GMT -5
OREX has just been added to the list..................going crazy........a bit too much if you ask me.......... JMO and BOL............. OREX hitting the 76.4 FIB (~8.90) from yesterday's high.
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Post by huh on Mar 4, 2015 13:08:37 GMT -5
OREX has just been added to the list..................going crazy........a bit too much if you ask me.......... JMO and BOL............. OREX hitting the 76.4 FIB (~8.90) from yesterday's high. ...I'd use a stop around 9 though. Just looked at the daily chart and there's a potential iH&S there for a target ~14.00. Too risky to short without some downside first. JMO
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