After a disappointing day for the bulls (SPY -3,69), I share a more optimistic analysis. The formation of a Symmetrial triangle with a zone target, 135,10. We'll see tomorrow how the price will react to the support (5) if the support break at 121.80, the scenario will be invalidated.
Thursday, November 10, 2011
SPY - Will the bulls going to continue to believe?
After a disappointing day for the bulls (SPY -3,69), I share a more optimistic analysis. The formation of a Symmetrial triangle with a zone target, 135,10. We'll see tomorrow how the price will react to the support (5) if the support break at 121.80, the scenario will be invalidated.
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