The SPX held on the 30MA, we'll see if it bounces tomorrow or continues to fall to complete the rising wedge pattern. It may take a week or two to show it's real direction.
SPX Daily Chart:
Wednesday, May 21, 2008
SPX: Trendline Break on Daily
The pattern was hinting to the potential of today's drop. I hope you were able to take advantage of it.
The SPX held on the 30MA, we'll see if it bounces tomorrow or continues to fall to complete the rising wedge pattern. It may take a week or two to show it's real direction.
SPX Daily Chart:
The SPX held on the 30MA, we'll see if it bounces tomorrow or continues to fall to complete the rising wedge pattern. It may take a week or two to show it's real direction.
SPX Daily Chart:
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment