Friday, September 03, 2010 10:59:52 AM
Chart SPX One-year/daily
two possibilities near term
1) price pauses at upper trend line then resumes to downside next week
2) price breaks thru upper line, goes to 1130 to form an ascending triangle set-up from June. Daily Stoch is strong and supports the move
two possibilities near term
1) price pauses at upper trend line then resumes to downside next week
2) price breaks thru upper line, goes to 1130 to form an ascending triangle set-up from June. Daily Stoch is strong and supports the move
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