SPDR S&P 500 (SPY): GLENO I see possible cracks in the ar...

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Re: GLENO34 post# 85008

Thursday, 07/16/2009 1:35:36 PM

Thursday, July 16, 2009 1:35:36 PM

GLENO

I see possible cracks in the armor also - I think they will eventually make new highs to create some divergences. Enter a small short position here and wait and see -

No sell on the RENKO chart yet per CCI -

http://stockcharts.com/h-sc/ui?s=$SPX&p=5&yr=0&mn=0&dy=10&id=p47637853191&a=171838127

First signal fired on this chart -

http://stockcharts.com/h-sc/ui?s=$SPX&p=5&yr=0&mn=0&dy=10&id=p54292253243&a=171839574

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