Sunday, April 18, 2010

Not WHY but WHAT???


Here are charts of the SPX monthly and daily. On the monthly it looks like price wants to retrace to 1230 and on the daily price looks like it has broken the uptrend line. The question is will it retrace or confirm the the break of the trendline. After the Government Slachs debacle let's not look at the WHY but let's look at the WHAT!!! Hope it helps...



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