Thursday, April 28, 2005
9:00
Amazing that once again the market turns on a dime right at 9:00. 9 is a pivot point. the stochs went low and crossed exactly at 9:00. Other points are 10:15,12:30, 1:30, 2:00. There are others but from what Oliver Velez say's these are the biggies. We broke the 20 and 50ma but are bouncing off the 89ma. There is enough strength that this market keeps bouncing back. not sure if it will be like yesterday or not. If it breaks the 200ma it will be in the face of a lot of bad news today... another sign of strength.
Trader X
Trader X
