Wednesday, May 09, 2007

Limits

Dear Readers, today's limits.
N QQQQ 46.43 (34 , 27) - 46.58(62 , 67, 89)
N GLD 67.64 - 67.85
O USO 47.33 - 47.93
N ECA 56.60 - 57.69(57.93)
N SPX 1502.55 - 1507.50
Warining Markets will be volatile, numbers will blow up
Good Trading
Jim Taylor, JD said...
ASIA BUBBLE PEAK TODAY:
Hang Seng 20736 = 144 Squared
NIKKEI 17689 = 133 "
$CPC HIT THREE YEAR LOW EARLIER TODAY AT .20 (SIGN OF MAJOR TOP)
STL Yesterday on S&P at 1501.56
Next level Down is 1491.89
NAZ rejected by 2562.89
Next support is 2550.25
FED would prefer a Recession before Lowering Rates
NAZ should Test 2562.89 at 09:30 PDT

Danno said...
I speculate that this might be the top for the TSX - 14000 and ECA right around here or little higher yet.
Danno
5/09/2007 7:52 AM

Dear Danno,Garth anybody knows what the Esignal index for TSX is?
$TSX-TC the name for TSX index
TSX-TC 13863.73 ( 13801.63) - 13951.41 ( exact third resist hit)
Jim Taylor, JD said...
NYSE at 9800 9801=99 Squared
5/09/2007 9:28 AM

We have supported very near to the 2nd level TSX support 1350 or so. I thought we would hit 4th support. Now this looks to me like an ABC (M ) on the upside. Unless we break the low of today we are moving higher.

7 comments:

Anonymous said...

Right on Boris.

I speculate that this might be the top for the TSX - 14000 and ECA right around here or little higher yet.


Danno

Jim Taylor, JD said...

ASIA BUBBLE PEAK TODAY:
Hang Seng 20736 = 144 Squared
NIKKEI 17689 = 133 "
$CPC HIT THREE YEAR LOW EARLIER TODAY AT .20 (SIGN OF MAJOR TOP)
STL Yesterday on S&P at 1501.56
Next level Down is 1491.89
NAZ rejected by 2562.89
Next support is 2550.25
FED would prefer a Recession before Lowering Rates
NAZ should Test 2562.89 at 09:30 PDT

JIM

garth said...

Any chance to include limits on the TSX for us Canadians.

Is this a good place to go short?

Thanks Boris.

Anonymous said...

Is it $TSX-TC

http://www.esignalcentral.com/support/symbol/esigind_sz.asp

danno

boris said...

Dear Danno, Thanks.

Jim Taylor, JD said...

NYSE at 9800 9801=99 Squared

Jim Taylor, JD said...

UP WAVE ENDS at 10:15 PDT 3 minutes

JIM