Comments on: Update on Tight Trading Range on SPY Dec 21

By: tgarfield

tgarfield — Tue, 22 Dec 2009 20:46:41 +0000

Corey I asked you about B wave higher last week. IT was in regards to this. Does this make any sense?
http://www.kitco.com/ind/rosen/dec212009.html

By: tgarfield

tgarfield — Tue, 22 Dec 2009 14:46:41 +0000

Corey I asked you about B wave higher last week. IT was in regards to this. Does this make any sense?
http://www.kitco.com/ind/rosen/dec212009.html

By: pipercolt

pipercolt — Mon, 21 Dec 2009 21:52:25 +0000

when you figure which way its going to go let me know.

By: Corey Rosenbloom, CMT

Corey Rosenbloom, CMT — Mon, 21 Dec 2009 15:53:27 +0000

I went ahead and posted an updated SPX chart for comparison.

By: Corey Rosenbloom, CMT

Corey Rosenbloom, CMT — Mon, 21 Dec 2009 15:51:11 +0000

Blues,

Good point – I noticed that when viewing the difference in TradeStation and StockCharts. Depending on how the software reports the dividend, the charts will be slightly off. Just need to redraw the range values on SPY as needed depending on your software program.

By: blues

blues — Mon, 21 Dec 2009 15:44:46 +0000

But SPY is no longer accurate, no? Because of the pay out on Friday, it really mess up the range… on SPX, we are really close to the breaking out point already…