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Sept 14th, 2010: Update 3 – Mid-day

Posted by pugsma on September 14, 2010

12:55 pm EST:  There are many good reasons for the market to roll-over up here around 1129 and head to test the support around the 1090 pivot in a wave (2).   Let’s see if Mr Market agree in the coming days…

An FYI…at the end of today the yellow trend-line support will be at 1120.  It’s going to be harder and harder for the SP-500 to hold this trend-line unless we get another burst higher very soon.

SP-500 5-min chart real-time link: http://www.freestockcharts.com?emailChartID=02070db8-18f6-446c-8282-8574850db1c0

SP-500 15-min chart real-time link: http://www.freestockcharts.com?emailChartID=82c537cd-25a7-42a2-aa9e-88e6ee742986

SP-500 5-min chart (12:50 pm):

SP-500 15-min chart (12:50 pm):

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