YaKa

SP500 hourly - Pivot: 2085/2080 - If crossed: 2040 for rebound

FX:SPX500   S&P 500 Index
329 4 5
.
Are you still short DAX?
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I have no position on dax. i am still playing sp500 (wrongly so far)...
but i am monitoring dax as a stop strategy on sp500... above 11,700 2 days in a row, i will have to take the loss on sp500..
There is still a slim a chance of breather next week.
2125 is the soft pivot
target was 2140/2160
max if full power would be 2210 on the 19th of June 2015.
I have been very very resilient keeping that short for very long now. Given the risk and after europe fell sharp, i will soon have to capitulate if the posture is kept upward beyond tuesday.
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Running out of room on the parallelogram..... make or break time? either we push ahead to the 161.8 extension at 2138 or break down to 2040 1st. i still am looking for 2040 before 5/29. Next Bradley turn date has a middle power of 51/100 on May24/25
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YaKa scott_minnesota
seems like it
11700 very pivotal on dax too, i ll monitor that one to confirm exit on sp500
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