Thanks: 50
Trader update -data point 22 November 2010-
...airport this morning...
...the SPX 500 pulled back from last weeks failed test of November 11 *1200 High but downticks appear corrective above *1182/*1184 congestion. If the market can build a base *1182/*1184 this week, look for a breakout above *1200 targeting the *1250 level with potential to reach out to the August 2008 High *1313. The Nasdaq appears to have taken back the lead to upside
...on the flipside, failure to hold *1182 will expose risk for additional downticks to affirm the October 27 Low *1172_the Oct 19 Low *1160_*the 50-day MA *1157
... further ahead, a broad consolidation should develop into year-end between *1160/*1227 eventually leading to a bullish breakout above *1227 in Q1 2011
-The Secrect of Oz http://www.zerohedge.com/article/sec...itical-complex 16 November 2010
-The End Of Liberty http://www.youtube.com/watch?v=AQv-sdMCClQ 12 November 2010
-Zeitgeist http://www.youtube.com/watch?v=1gKX9TWRyfs 03 November 2010
Kind Regards