This is a daily chart of the SPY and there is a case for a possible break out of an inverse head and shoulder or is it a fakeout? We will know tomorrow. Bears must hold $114.30 or we could make new HIGHS!
..Tuesday, March 2, 2010
Don't short a dull market
I want to caution the bears that when volume is light, the markets drift higher. Volume has been incredibly light these past 2 weeks.
This is a daily chart of the SPY and there is a case for a possible break out of an inverse head and shoulder or is it a fakeout? We will know tomorrow. Bears must hold $114.30 or we could make new HIGHS!
..
This is a daily chart of the SPY and there is a case for a possible break out of an inverse head and shoulder or is it a fakeout? We will know tomorrow. Bears must hold $114.30 or we could make new HIGHS!
..
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