S&P closes above 1000 — Malcolmb, What is your assessment on things now that the S&P was able to cross the 1000 level in the last minutes of the day here in NY and close above. Is it significant enough to expect more up side now before a ...

Malcolmb, Do you suppose Cable is in a distribution mode expecting to drop later or accumulation.. Im thinking distributioon is what we're seeing but may be incorrect. Your thoughts? Thnx

Only one mention of it on CNBC. Dollar got hit, (by what I dont know) and oil went up along with other commodities. U/J dropped, G/U and E/U shot up. Thats all I know at the moment, which isnt much...

yeah that idea just went out the window, hehe

Hi Quecee. question for you. the other day when we were crossing over 157 and back down you posted that we wouldnt see that range for a while to come. has something changed to suggest that we may revisit 158.5/159? I dont see it. And I would also be ...

Some hidden bullish div for the short run anyway. Could take us to a good place to short

Thanks. I knew they were delayed a bit but not that much. Dont refer to it that much , but glad you pointed it out. Thnx

So much for the 55ema and Nikkei in the positive.....or any more up move tonight/today

reading it off Bloomberg atm it says +8.16. Then i look at CNBC and it says -19.30 Go figure.

Was looking at that. Right now the 1 hr candle is bouncing off the 55ema. If it holds, more up is indeed possible. We will see. Just noticed the Nikkei is still positive too after a pullback off the open.

Well we hit the low of your range Raza. Not sure its looking like there is more yet to go though. I do have one heck of a bullish daily candle that still has 3 hrs to go in it though. watching closely but closed out my long up at 157.283

What , that I look at it too much, lol. Im an analytic to the core.

It is for me. Im on NY time and it closed 40 mins ago

Patience is the word for sure, lol. Sometimes I look at it too much rather than just leaving it alone and go with my original plan. Its that doji on the 4 hr thats bugging me, but it formed on low volume and closed out above the mid point so it may ...

Saw that but only time will tell. Could very well be. Could also be a top on the 1 hr and a doji on the last 4hr candle that just completed.

patience — ya know patience is always tested here. Im having second thoughts about getting up to 158 area. In fact Im beginning to feel since we're stuck under resistance we may not get much further up than where we are. anyone else feel the ...

This is where my pivots are

looks like its havng trouble with the 38.2 fib right now. being patient but not sure it can get up and over it. IF it can than still similar target. Tight SL. The pink line is the 50EMA at 157.45. more resistance perhaps

Still stand with my theory but revisiing the up move to 180 pips which, takes us to the weekly pivot as Q has referenced already.

you say down I say up, lol. Long at 156.495 looking for 158 neighborhood as per my earlier post this morning