SPDR S&P 500 (SPY): Fox, yeah it's hard to tell for me right...

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learningboutinv

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learningboutinv

Re: Fox13 post# 47979

Wednesday, 04/23/2008 1:50:15 PM

Wednesday, April 23, 2008 1:50:15 PM

Fox, yeah it's hard to tell for me right now, I'm not a 5-15/30minute chart type guy. I tend to hold longer term.

Anyhow, it looks like a possible inverse H+S shaping up on the 60min charts for the QQQQ, NDX, COMPx, etc. If this shapes up and we hit the neckline of say 47.10, the extension could be up to 48.20 maybe?

I wonder if there's going to be buying into the close before AAPL earnings.

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