SPX Room To 920
It’s still a stock picking market, versus a trend trading market, as the SPX is still stuck rangebound. SPX has potential up to the bottom of the trendline still. If it does head there, I’ll be watching for it to …
Archive for: May 2009May 29, 2009 SPX Room To 920It’s still a stock picking market, versus a trend trading market, as the SPX is still stuck rangebound. SPX has potential up to the bottom of the trendline still. If it does head there, I’ll be watching for it to … May 26, 2009 SPX Head and Shoulders Pattern – 052609The SPX has carved out a head and shoulders pattern on the 60-minute chart. A break below the 880 level targets 835. We’ll see if the bottom trendline near 910, acts as resistance…. |
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