Browse Symbol Stacks: FB: Fuinhaz $SPY morning update for August 24, 2012 | SharePlanner
Fuinhaz $SPY morning update for August 24, 2012 | SharePlanner
$SPY dropped in the morning, tested the intra-day support @ 140.25, and broke out with a lot of strength over the 141 level. The only problem I have with this sudden break out, is that the $IWM could not break out the 81.06 level. and that raises some concerns going long.
So I advise caution until that $IWM follows the $SPY.
I am looking at some longs today. Here they are.
$FB over 19.58
$RHT over 57.61
And shorts just in case the $IWM can't find it's groove.
$CAT under 87.36.
$CLF under 38.37
$JEC under 40.27
$FCX under 36.
$COG under 41.12.
May you all have a good continuation of your day.Try the SharePlanner Pro Trading Platform for Free!
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