Sunday, September 14, 2008

SPX Swingtrading analyse



MT trend - Down
Swing trend - Up
Pattern - Lehman News
Indicators - Neutral
Senti: very bearish ( Lehman )
Supports: 1.200 area
Rezists: 1.270+-, 1.300+-, 1.330+- and 1.360-70 area
MaxP.Target: 1.250+- for September, 1.270 +- for October

Swing Trade Action = Hold partial Swing Long Position ( SSO ) with target at 1.260, Buy scaling further positions arround 1.210 p.+- and lower