Market TDST Support: S&P 500 and the Russell 2000

8 09 2007

Something I think that is interesting is that the S&P looks like a retest of the lows would coincide with a completion of the TD Sequential countdown. We will have to watch this closely. If it fails, look for a move down to the lows of last summer.




The small caps are just building cause to get by all of the support levels. I got rid of my October 79 IWM puts yesterday for a nice gain.


Actions

Information

Leave a comment

You can use these tags : <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>