SPDR S&P 500 (SPY): No, oscillators must cool a bit before a...

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Re: Belek post# 143070

Monday, 07/20/2015 2:26:27 PM

Monday, July 20, 2015 2:26:27 PM

No, oscillators must cool a bit before any further move . It may see those afore mentioned levels, but If it fails to break the existing high in the month of July , abd close at or above it the candle will be yet another in a series of flat top pattern forms.

What do hindenburg omens mean anyway? I thought you said we've had 5 or 6 or 10 or something ? It sounds ominous , but those are to just be disregarded now?

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