Tuesday, 8 May 2012

This is a close up of the possible topping pattern on the Spy with some levels from the square of 144 and 5,15,30 sma's.There is a triple top, with the 3rd high  a shooting star candle.Triple tops and bottoms usually give fast moves.








Bulls need the market to regain the 2x1 line
at

3 comments:

  1. Anonymous8 May 2012 at 22:18

    George Lyndsay's "3 Peaks & a Domed House" say that NEW HIGHS and Point #23 lie directly ahead.

    ReplyDelete
  2. Chartrambler8 May 2012 at 22:27

    last I heard the peak was gonna be Jan 23rd

    ReplyDelete
  3. Chartrambler10 May 2012 at 15:43

    http://blog.stocktradersalmanac.com/media/image/blog_20120509_3PDhDJIA.jpg

    ReplyDelete