Re: DreamboatAnnie's Account Talk
Originally Posted by
DreamboatAnnie
So just looking at C and S fund charts. Prices are very close to the support zones for those charts and now at about the 20-day SMA l(Bollinger Band mid-point on charts I am using). It is very close so will see how Monday goes. Chart links at posts #2217-2218 (page 185)
The Friday close for S fund was 1470.70 and the support zone is from 1462 t0v1466 (shown as chart highs for June, July and Aug).
C fund closed at 2871.68, while there is support zone at 2872.87 (Jan high) and 2863.43 (first wk in Aug)..
So price is knocking on support and I am now just watching to see it holds for an entry.
Futures are up right now, so hmmm... maybe an entry on Tuesday.
Best Wishes to you all!!!!!!!
Attachment 43536
Hi DBA:
Still expect DOW to hit a new high but with NAS and RUT on the ropes...no idea with SPX continues up. I was expecting it to..but things change.
I'm thinking that for me bonds may be the play for a short period as long as rates don't climb over 3.25%.
So we'll being watching the Fed.
Good Luck everyone.
FS
FogSailing
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