Replies to post #48166 on SPDR S&P 500 (SPY)

[GLENO34]

Sure looks that way..I saw 1936 as a number someplace...but that was to be just before the Fed deal..Guess we arrived early..??

[RCKS]

Two
You've seen BlissBulls view I think. Tomorrow could be the exhaustion gap up.

http://investorshub.advfn.com/boards/read_msg.asp?message_id=28633915

[learningboutinv]

2xer, what if this is an Inverse H+S on the Weekly too? I'm thinking 1960 will be tough resistance at the 200ma, but what if... May be we can extend to 2010 if the Inverse H+S pattern plays out on the weekly?

NDX Daily 200 ma tough resistance at ~1960



Here is a weekly chart I posted to foot on 4/18:

We are currently above the 200ema.