So close to a Key Pivot on S&P
Posted by Cire2222 on May 19, 2008
Okay, today was a wild day no doubt. The S&P was just a couple ticks from the trigger for a key pivot play. However it did NOT give us a set up so I won’t start the S&P portfolio. The set up is ready in the nasdaq market. I will not track the nasdaq market and don’t plan on using this set up on the nas but I thought it would be fun to set up a play since the s&p got so close to a set-up. So in the Nasdaq futures This is the play I want to set up for tomorrow:
Entry trigger - Short on a move to 2008.00
Stop Loss- 2055.00
First target - 1975
second target - Open
