Re: [RT] market outlook

["mr.ira" <mr.ira@xxxxxxxxxxxxx>]

I still have no sell signal in the SPX.  The selling is currently overdone and my current target short term is 1232+/-.  The mini has already started its retracement up from this sell off.   The E mini support is 1236 with a downside short term target of 1234. The upside retracement could be concluded during the night session.   The first 1/2 hour of trading will set the pace for the day.

 

Have a good week all, Ira.

----- Original Message -----

From: mr.ira

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, July 29, 2005 9:33 AM

Subject: Re: [RT] market outlook

Well!  Here is 1237 and now it is time to look for the next leg up and the next leg down.  See which entry price is hit.  Like shooting fish in a barrel at times.  Other times are a little tougher.

 

Good trading, Ira.

 

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