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	<title>Comments on: Why the 1,150 Level is Important SP500 Resistance</title>
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	<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/</link>
	<description>Helping traders overcome fears and emotions in trading</description>
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		<title>By: smtrader</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-213171</link>
		<dc:creator>smtrader</dc:creator>
		<pubDate>Mon, 25 Jan 2010 02:23:03 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-213171</guid>
		<description>Your Fib Price Projection is essentially a bull flag.  I alluded to it in one of my post back in May, 2009 blog post ( &lt;a href=&quot;http://lastchipstanding.blogspot.com/2009/05/are-you-crazy.html&quot; rel=&quot;nofollow&quot;&gt;http://lastchipstanding.blogspot.com/2009/05/ar...&lt;/a&gt; ), and one of my follow up post on it &lt;a href=&quot;http://lastchipstanding.blogspot.com/2009/09/are-we-there-yet.html&quot; rel=&quot;nofollow&quot;&gt;http://lastchipstanding.blogspot.com/2009/09/ar...&lt;/a&gt;&lt;br&gt;&lt;br&gt;Nice analysis Cory!  Depending on how this recent pull back plays out, the measure target from the inverted head &amp; shoulder pattern can still be in play.</description>
		<content:encoded><![CDATA[<p>Your Fib Price Projection is essentially a bull flag.  I alluded to it in one of my post back in May, 2009 blog post ( <a href="http://lastchipstanding.blogspot.com/2009/05/are-you-crazy.html" rel="nofollow"></a><a href="http://lastchipstanding.blogspot.com/2009/05/ar.." rel="nofollow">http://lastchipstanding.blogspot.com/2009/05/ar..</a>. ), and one of my follow up post on it <a href="http://lastchipstanding.blogspot.com/2009/09/are-we-there-yet.html" rel="nofollow"></a><a href="http://lastchipstanding.blogspot.com/2009/09/ar.." rel="nofollow">http://lastchipstanding.blogspot.com/2009/09/ar..</a>.</p>
<p>Nice analysis Cory!  Depending on how this recent pull back plays out, the measure target from the inverted head &#038; shoulder pattern can still be in play.</p>
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		<title>By: smtrader</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211953</link>
		<dc:creator>smtrader</dc:creator>
		<pubDate>Sun, 24 Jan 2010 20:23:03 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211953</guid>
		<description>Your Fib Price Projection is essentially a bull flag.  I alluded to it in one of my post back in May, 2009 blog post ( &lt;a href=&quot;http://lastchipstanding.blogspot.com/2009/05/are-you-crazy.html&quot; rel=&quot;nofollow&quot;&gt;http://lastchipstanding.blogspot.com/2009/05/ar...&lt;/a&gt; ), and one of my follow up post on it &lt;a href=&quot;http://lastchipstanding.blogspot.com/2009/09/are-we-there-yet.html&quot; rel=&quot;nofollow&quot;&gt;http://lastchipstanding.blogspot.com/2009/09/ar...&lt;/a&gt;&lt;br&gt;&lt;br&gt;Nice analysis Cory!  Depending on how this recent pull back plays out, the measure target from the inverted head &amp; shoulder pattern can still be in play.</description>
		<content:encoded><![CDATA[<p>Your Fib Price Projection is essentially a bull flag.  I alluded to it in one of my post back in May, 2009 blog post ( <a href="http://lastchipstanding.blogspot.com/2009/05/are-you-crazy.html" rel="nofollow"></a><a href="http://lastchipstanding.blogspot.com/2009/05/ar.." rel="nofollow">http://lastchipstanding.blogspot.com/2009/05/ar..</a>. ), and one of my follow up post on it <a href="http://lastchipstanding.blogspot.com/2009/09/are-we-there-yet.html" rel="nofollow"></a><a href="http://lastchipstanding.blogspot.com/2009/09/ar.." rel="nofollow">http://lastchipstanding.blogspot.com/2009/09/ar..</a>.</p>
<p>Nice analysis Cory!  Depending on how this recent pull back plays out, the measure target from the inverted head &#038; shoulder pattern can still be in play.</p>
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		<title>By: Out of One Trading Range and Into Another Jan 20 &#124; Penny Stock Trading System Blog</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211923</link>
		<dc:creator>Out of One Trading Range and Into Another Jan 20 &#124; Penny Stock Trading System Blog</dc:creator>
		<pubDate>Thu, 21 Jan 2010 19:58:43 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211923</guid>
		<description>[...] “Why the 1,150 Level is Important Resistance” [...]</description>
		<content:encoded><![CDATA[<p>[...] “Why the 1,150 Level is Important Resistance” [...]</p>
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		<title>By: An Intraday Internals View on the 1,150 Level in the SP500 &#124; Penny Stock Trading System Blog</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211910</link>
		<dc:creator>An Intraday Internals View on the 1,150 Level in the SP500 &#124; Penny Stock Trading System Blog</dc:creator>
		<pubDate>Wed, 20 Jan 2010 12:51:38 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211910</guid>
		<description>[...] &#8220;Why the 1,150 Level is Important Resistance&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] &#8220;Why the 1,150 Level is Important Resistance&#8221; [...]</p>
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		<title>By: An Intraday Internals View on the 1,150 Level in the SP500 &#124; Afraid to Trade.com Blog</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211901</link>
		<dc:creator>An Intraday Internals View on the 1,150 Level in the SP500 &#124; Afraid to Trade.com Blog</dc:creator>
		<pubDate>Tue, 19 Jan 2010 18:21:32 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211901</guid>
		<description>[...] &#8220;Why the 1,150 Level is Important Resistance&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] &#8220;Why the 1,150 Level is Important Resistance&#8221; [...]</p>
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		<title>By: mikevadon</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211885</link>
		<dc:creator>mikevadon</dc:creator>
		<pubDate>Sat, 16 Jan 2010 18:23:25 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211885</guid>
		<description>On January 19th, American society may change as we know it. Either Scott Brown or Martha Coakley will win the Senate race in Mass. If Scott wins, then the healthcare legislation, as well as other legislation, will not go through. This seat is the 60th vote and it would kill the legislation if Scott were elected. WLP and many other healthcare providers would instantly sell off maybe 10-20% or more. &lt;br&gt;&lt;br&gt;This is the critical event that the market is waiting for, the Black Swan, where we do not know exactly how it will effect the market…&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://bit.ly/5k1K9x&quot; rel=&quot;nofollow&quot;&gt;http://bit.ly/5k1K9x&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>On January 19th, American society may change as we know it. Either Scott Brown or Martha Coakley will win the Senate race in Mass. If Scott wins, then the healthcare legislation, as well as other legislation, will not go through. This seat is the 60th vote and it would kill the legislation if Scott were elected. WLP and many other healthcare providers would instantly sell off maybe 10-20% or more. </p>
<p>This is the critical event that the market is waiting for, the Black Swan, where we do not know exactly how it will effect the market…</p>
<p><a href="http://bit.ly/5k1K9x" rel="nofollow">http://bit.ly/5k1K9x</a></p>
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		<title>By: ricosauve</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211884</link>
		<dc:creator>ricosauve</dc:creator>
		<pubDate>Sat, 16 Jan 2010 17:41:39 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211884</guid>
		<description>Bear Flag in the EUR/USD?</description>
		<content:encoded><![CDATA[<p>Bear Flag in the EUR/USD?</p>
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		<title>By: Corey Rosenbloom, CMT</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211879</link>
		<dc:creator>Corey Rosenbloom, CMT</dc:creator>
		<pubDate>Fri, 15 Jan 2010 21:51:33 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211879</guid>
		<description>A lot of the work I do is based on equality in price and time - and arithmetic charts do that best.&lt;br&gt;&lt;br&gt;I prefer to look at absolute price moves instead of percentage moves, but then again, most of my work is done on indexes instead of individual stocks.&lt;br&gt;&lt;br&gt;I wrote a post about this previously which may be of help:&lt;br&gt;&lt;br&gt;&lt;a href=&quot;http://blog.afraidtotrade.com/the-difference-between-logarithmic-and-arithmetic-trendlines/&quot; rel=&quot;nofollow&quot;&gt;http://blog.afraidtotrade.com/the-difference-be...&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>A lot of the work I do is based on equality in price and time &#8211; and arithmetic charts do that best.</p>
<p>I prefer to look at absolute price moves instead of percentage moves, but then again, most of my work is done on indexes instead of individual stocks.</p>
<p>I wrote a post about this previously which may be of help:</p>
<p><a href="http://blog.afraidtotrade.com/the-difference-between-logarithmic-and-arithmetic-trendlines/" rel="nofollow"></a><a href="http://blog.afraidtotrade.com/the-difference-be.." rel="nofollow">http://blog.afraidtotrade.com/the-difference-be..</a>.</p>
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		<title>By: TraderSU</title>
		<link>http://blog.afraidtotrade.com/why-the-1150-level-is-important-sp500-resistance/comment-page-1/#comment-211878</link>
		<dc:creator>TraderSU</dc:creator>
		<pubDate>Fri, 15 Jan 2010 21:48:18 +0000</pubDate>
		<guid isPermaLink="false">http://blog.afraidtotrade.com/?p=5381#comment-211878</guid>
		<description>Most of the people use LOG scale for longer time-frame but I see that you follow LINEAR scale. How do you decide between LOG and LINEAR?</description>
		<content:encoded><![CDATA[<p>Most of the people use LOG scale for longer time-frame but I see that you follow LINEAR scale. How do you decide between LOG and LINEAR?</p>
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