Break........Out?

Discussion in 'Technical Analysis' started by hkrahra, Jan 16, 2012.

  1. hkrahra

    hkrahra

    What does the breakout mean when it doesn`t mean anything?
     
  2. =========
    Well as they say''what is in a name??''

    I name those sideways slop chop trends[some call it a range, perhaps because its so easy to get burned,LOL];
    SPY is slightly above $128.58 area,1 year chart but with weak volume,
    plenty of bear trends/bull trends on 1 year chart, it doesnt mean much of anything :D It may slop /chop up a bit in JAN;
    none of this is a prediction.
     
  3. hkrahra

    hkrahra

    I see...How about 1 min chart?