Wednesday, January 21, 2009

From Today's Subscriber Threads on volumedynamics.com

at 2:36 ET the following was posted on our SPX subscriber thread:

***Hourly High broken 3 min Nasdaq and SPX candle trends green. Target for this move will be the bottom of the 10/10 price envelope around 840.

***Timing of high noted as out of countertrend window. Any new high after 2:40 PM ET though confirms the move, increases odds for a close at the highs...

***If you are short here you do not want to see a new high now from 2:40 - 3:15 timeframe.

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