SPDR S&P 500 (SPY): 2xer, what if this is an Inverse H+S on...

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learningboutinv

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learningboutinv

Re: Two-timer post# 48166

Thursday, 04/24/2008 2:41:07 PM

Thursday, April 24, 2008 2:41:07 PM

2xer, what if this is an Inverse H+S on the Weekly too? I'm thinking 1960 will be tough resistance at the 200ma, but what if... May be we can extend to 2010 if the Inverse H+S pattern plays out on the weekly?

NDX Daily 200 ma tough resistance at ~1960

Here is a weekly chart I posted to foot on 4/18:

We are currently above the 200ema.

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