SPX intrady update (Part 1)
Friday, May 8, 2009
Choppy day and possible triangle on SPX.
Choppy day and possible triangle on SPX.
This is my count (for the both sides). As i told, for the bulls was a great opportunity to enter long and for the bears (like me) was a great day :)). This pattern does not guarantee anything so the bears must be caution. It's need some king of confirmation like broken trend line, daily lower low, MA's broken, etc.
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