Indexes are getting quite tight

Discussion in 'Technical Analysis' started by Aaron Copland, Feb 20, 2008.

  1. Seems we are building up for some sort of break here.
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  2. Looks like a potential upside breakout to me.
  3. i second that, triangular formation like this after a upmove = more upmove
  4. Or a bear flag with the trend.

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  5. The key area to look at is between 1380-1420. If we can break that area we are going to 1500 minimum. If we drop below 1300 before we make it to 1380 then all hell will probably break loose to the downside.