Wednesday, August 5, 2009

SPX - An Overview Of Where We Are

Pretty self explanatory. A GSEC channel (black), a rising wedge (blue) with overthrow in the channel, a smaller channel (red), a mini breakdown if the larger channel and wedge and some targets. I'll believe the fall when the red channel gives way.

GL Trading.

2 comments:

  1. Looks right, for once.

    (kidding)

    XLF parabolic. Watch for reversing candle. Soon.

    ReplyDelete
  2. XLF gap up on 7/30 thru top trenline - amazing. Anything above 12.71 is BS.

    ReplyDelete

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