Head and Shoulders SP500

Discussion in 'Trading' started by captain_trips, Apr 27, 2009.

  1. shoulders at 868?
     
  2. A circle jerk for the month of April. Tight consolidation .
     
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  3. agreed. spooz is testing 875. if it gets over it then it will take off to 1050, but there's a lot of selling right now....
     
  4. S2007S

    S2007S

    Anything above a 1000 is just more of an opportunity to get short, there is no catalyst for this market but the trillions of dollars the government is printing to keep the entire economy from collapsing.
     
  5. geoMEAN

    geoMEAN

    It does sort of look like things are getting noisier. That noise could turn March's big up move back into a down move.