• Ricardo Espinosa
    There we go, 3rd fibo pivot on SPX: 1327.56, IMO we see a bounce off from here, $NYMO says so too, at least for a day or two.
    5/15/12
    Reply (5)
    • Demi9OD: Doesn't look like bottoming volume or price behavior yet.
      5/15/12
    • Security Breach!: It's a long way down from here.
      5/15/12
    • Malt Backbone: Let's see how we close in the last 20 minutes here. If we can avoid a further sell off that will be a big change from the past week.
      5/15/12
    • Malt Backbone: Not an inspiring close.
      5/15/12
    • Ricardo Espinosa: Not a real bottom, I still expect SPX 1250 before 1400, but a dead-cat bounce from oversold conditions to neutral, then back down again.
      5/15/12