SPDR S&P 500 (SPY): Could be a descending triangle forming o...

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Re: 2bit-nothing post# 81865

Saturday, 05/30/2009 10:54:44 AM

Saturday, May 30, 2009 10:54:44 AM

Could be a descending triangle forming on the SPX

Of course the would mean a down day Monday.... Then again, we could end up at a 1000 SPX in 4-6 weeks and the Bradley Model would then would be set up for a down fall..... MACD just turned up on the daily SPX, RSI 40 is above .80 so all that has my attention..... theories all over the place, it has to take out the swing at 931 SPX..... which is only 10 points away....

Buy 'em when they are crying, sell them when they are yellin'
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