Chartists: is the S&P going to break out of this wedge? (chart)

Discussion in 'Trading' started by 1a2b3cppp, Sep 14, 2011.

Is the S&P500 going to break out of this wedge to the upside?

  1. No, it just bounced off the trendline today. It's gonna go down

    18 vote(s)
    37.5%
  2. Yes, it's gonna break through that and go up!

    20 vote(s)
    41.7%
  3. i dunno lol

    10 vote(s)
    20.8%
  1. volente_00

    volente_00

    Are we there yet ?



    102-104 area still in play
     
    #41     Oct 3, 2011
  2. hajimow

    hajimow

    Market is ignoring great news recently. Watch for a nasty upward reversal.Maybe tomorrow at close.
     
    #42     Oct 3, 2011
  3. 4re

    4re

    I got out of my bear put spread this morning. Will look to re enter short if we get a good bounce.
     
    #43     Oct 4, 2011