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Sunday, October 21, 2012

10/23 and 10/29 Gann Dates

Our traders on free chat room banked coins on our short position last Friday.  Next Gann dates are 10/23 and 10/29.  VIX sentiment chart below show a possible bounce going into Tuesday 10/23, which coincides with the Fed meeting.

Hourly SPX chart shows double doji.  Break above 1436.13 would be a good place to scalp long into Tuesday 10/23. 

VIX sentiment chart as of Friday.


As long as we do not close above 1446 on Tuesday and as high as 1450, we should head into 10/29 and test 1420>1400.   



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