Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 19, 2010
SPY Hour in a triangle
SPY hour is in a triangle formation.
Breakout on either side is possible. Breakout on the upside and trading above 118.60 should be an ideal opportunity to go long.
A downs side breakout cannot be ruled out as well.
GOOGLE TRIANGLE BREAKOUT
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