Thursday, September 16, 2010

S&P 500 - September 16, 2010 - Intraday - 2

I thought my first level of 1118 would be forced to stop by the market, but it did not happen.

S&P has basically gone sideways today.

Tomorrow's the OpEx day and after 4 days of frustrating the bears and with multiple divergences on 60-min chart, I wonder if it can get rough and nasty or not.

So, I thought the portion earmarked for 1118 could go for a bit higher. So, I bring the top level from 1118 to 1122 or the close whichever happens first.

Other levels stay the same.

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