I was unable to enter an exit trade for today's intraday QLD long before the close and the system won't let me make an after-hours limit order - unfortunately.
I would be taking that long position off the table immediately before the after-hours session ends - if you can get the 68.52 price. If not, you'll have to take your chances into tomorrow's open.
As noted earlier, 1947 on the S&P futures is the trading target for longs.
However, I wouldn't be shorting until 1960 is tested. Stops should be honored on any 10 minute close above 1960.50.
Intraday support for S&P futures comes in at 1916.50 (currently at 1921 or so).
Upside resistance for the futures comes in starting at 1947.
Buy near support and sell (ideally) near resistance.
Use any 10-minute close below 1916.50 as a ...
Quick update on the levels:
Thus far in the Asian session, things have only gotten worse. Now, the S&Ps are trading down over 30 points at 1935.50 – only a few precious points above the critical support (for the bulls) outlined here last night at ...
Short-term support:
If aapl doesn't hold 102.75 into the close today, $80 or so will be the next downside target. Keep an eye out!!
In our technical (not fundamental statement at all) opinion, not a buy until $105 - $106 with stops in place on a close below $104. Next lower buy entry would be in the $80s should the stop be triggered.
2051.25 is the critical level on the S&P futures. If that level fails on a daily close, the bullish macro technical set-up is kaput!!
Long-term models would likely be going to cash with the long SPY slot. The EFA and ...
Lowes stock is correcting right now and has key support down at the January closing high of $70.50. If that level fails to hold up, the next stop down for LOW will likely be the horizontal line support at $66.08. ...
Home Depot may have just completed a very long-term “third wave thrust” to the upside when it peaked out at $117.99 in March. Going back to the inception of HD’s trading back in December of 1991, the $115.31 level represented ...
