May be of interest......................
Free streaming quotes.............e-mini dow options and others
http://datasuiterdc.cme.com/eeio/options_YM.html
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May be of interest......................
Free streaming quotes.............e-mini dow options and others
http://datasuiterdc.cme.com/eeio/options_YM.html
by my calcs the p/e at 11.7x at S& P of around 900.
So what does that mean?
well we still aint at 7x, but probably if you averaged in over the next 6-9 months you'd probably do very well.
yeh a few fake rallies as the fear subsides and enough time for some snippets of confidence to return and then bammo!
Hi DB
Interesting chart...............................could try to test the DT line
preferred count looks like in a triangle set up, which in elliot wave theory is most likely a fourth wave before a fifth wave takes us lower , magnitude of wave structure may take us to around 6500.
no divergence on indicators and triangle is relieving oversold levels.
nothing at all to suggest anything other than down.
We now have double positive divergences on the hourly charts, and divergences on every time frame in the major indices. The pivot at SPX 789 should provide some significant support and a positive reversal at this level may be the spring board for a bear market rally.
A butterfly is also backing things up.
finger on the buy button should know in a couple of days
dumbass, can you access up-to-date market breadth data such as the New High New Low index? Or the number of stocks making fresh 20 day lows?
sorry Amr i dont use or have access to that info.
Despite the US market rallying over 6% on friday it was still a nasty week. The SPX broke through its 2002 low on thursday, wiping out the 2002-2007 bull market in only 13 months.
Some technical damage done which points to more juice in this downtrend, looks like its heading to the 600,s for SP
True that. I see a downwards breakout from a descending triangle, this recent rally has just hit the resistance from that.