BluelightNewsletter

Disclaimer: My personnal opinion is for your entertainment only & should not be used as advice on your decision. I may sell or buy (to cover) my holding according to the market movement. I am not a licensed financial advisor. Please always do your own DD. Set protective stops & not be too greedy. You are responsible for your own decision. I wish you good luck trading. -Blue

Sunday, August 06, 2006

SPX record high@1326.7 on May8, record low@1219.29 on June 14

SPX record high @1326.7 on May8, record low @1219.29 on June 14.
SPX once bounced to 1292.92 on Aug 4.
%of Retracememnt: (1292.92 -1219.29 )//(1326.7-1219.29 )=73.63/107.41=>about 68.5%