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US TECH 100
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Dow Jones
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techcharter

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techcharter

Re: None

Friday, 05/15/2015 10:37:44 PM

Friday, May 15, 2015 10:37:44 PM

Post# of 51788
SPX Intraday Triangle!

After the price in the afternoon challenged the morning high, I bought SPY Jun 210.0 Puts. A triangle indicates one final wave in the direction of trend. With a triangle bridging Zig and Zag earlier this week, and today's triangle of smaller degree, chances of at least a pullback through next week is in the cards.
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