Replies to post #90582 on SPDR S&P 500 (SPY)

[renkoron]

glennob, The $nya50r is showing good promise. The $namo and $nymo both went positive today. Ron



http://stockcharts.com/h-sc/ui?s=$NYMO&p=D&yr=0&mn=6&dy=0&id=p05897735426&a=142121354






http://stockcharts.com/h-sc/ui?s=$NYA50R&p=D&yr=0&mn=3&dy=0&id=p16691695682&a=182446259

[Footquarters]

re confirming










it hit the inverse head and shoulder target at the close, there is a rising wedge also on the minute chart. We are on a hold long signal across the board, but way over extended again. Woo hoo doesn't have any indication of a down move, the move from yesterday was too strong technically to have a reversal yet..... I would agree on how manipulated the markets were, as was said, got trillion of stimulus dollars and no place to park it.... buy stocks and gold...... like in 2007 before the fall, they ran them up with the hedge funds, now they are using the fed's money to run them up.... Government Sacs and the Fed........ Public too stupid to say anything..... hope and change clingers....now hope and breakout about to happen in my opinion above 1100 SPX, da boyz using a head and shoulder pattern to fuel this rally for the second time....