June 21, 2011

S&P 500 Ascending Triangle

CHART-III
  • It looks like we will see 1300 before the close of day.
  • One of those Ascending triangle breakouts which worked perfectly.

CHART-II
  • Price hits 1292. 
  • Sustaining above this level will push price towards 1300.
CHART-I
  • SPX 15 Minutes chart with an ascending triangle pattern.
  • If price sustains above the GAP it will target 1292 and 1300.

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