Monday, August 17, 2009

Status of S&P Monday morning

I'm still in Vegas one more day, but I wanted to show a couple of S&P charts that include this morning's first 90 minutes of price action.


SPX Weekly Bar

Weekly SELL under 946




Renko SPX Weekly

Freshly Triggered SELL



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7 comments:

Anonymous said...

The SPX weekly RENKO on my stockcharts has not triggered. What gives?

Allan said...

re: RENKO

My settings are 1 for box size and based on Closing prices.

Wayne said...

(one more try, since Alan's post is more related to my question now...)


Anyone, how does one actually sell short the S&P500? I'm not talking about buying inverse ETF's like SDS. I've tried issuing "sell short" orders with my online broker for the symbols SSO and SPY, but there are no shares available to short.

Thanks,
Wayne

Anonymous said...

how is Vegas ???
I am in Vegas too, very hot !!!

Hank said...

NASDAQ ,, THE OTHER MARKETS WILL FOLLOW SUITE

IT TREND IS NOW DOWN FOR THE REST OF THE YEAR ALLAN

HANK

Eric said...

Allan, or anyone else who could comment:

Does the 3 line break chart trigger the same signals as Master Club triangles?

Thanks.

Laawaaris said...

Wayne, you are correct in shorting the SPY. I shorted the SPY yesterday using my Scottrade account. However, I believe any other reliable broker will have shares of SPY available to short.

Which broker are you using?