Replies to post #38907 on FOREX TRADERS

[Relentless Despot]

I see what you mean, but it's awfully shallow.

[ElderWolf]

Looks like we have a confirmed head and shoulder pattern on the SPX (see post I'm responding to). Let's see if it hits the downside target of 88 on the SPY (880 on SPX). For those who don't trade options, you may seriously consider venturing into that side of things. It's about to get really profitable in my opinion. go here for free education: http://www.learningmarkets.com