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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