Does SPY gapped filled mean end of rally?

Discussion in 'Trading' started by flipper me, Oct 22, 2009.

Does the SPY gap filled signify the end of the rally?

  1. Yes, the rally is about over

    44 vote(s)
    57.9%
  2. No, there is more rally ahead

    32 vote(s)
    42.1%
  1. The SPY gap at 109-110 that occurred last October has now been filled. Often, when gaps are finally filled, it signals the end of a move.

    Does this gap filling mean that the rally is about over?
     
  2. my primary wave count says it is

    but my alternate wave count say it may not be
     
  3. LOL :D
     
  4. noddyboy

    noddyboy

    LOL I voted for more rally, and even after all this while, no one is convinced...this is a great wall of worry to climb.
     
  5. thanks for that definitive, conclusive answer
     
  6. S2007S

    S2007S

    There is a definite rally ahead, the melt up is going to occur into the end of the year pushing the dow above 11,000.


    :p
     
  7. hahaha :D

     
  8. please be careful with your joking. if you and bylo ever do become bullish it will be a huge signal for the rest of us.
     
  9. seriously though, i've never seen anything like this

    no matter what, it goes up
     
  10. noddyboy

    noddyboy

    It is called a bull market.
     
    #10     Oct 22, 2009