S&P 15 minute chart. Did we just possibly make a W bottom?
Question - W bottom?
Started by
jdjimenez
, Feb 24 2011 12:17 PM
3 replies to this topic
#2
q4wer
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Posted 24 February 2011 - 12:25 PM
S&P 15 minute chart. Did we just possibly make a W bottom?
I am wondering the same. last time, the one-day pull back, stoped at 1292, did not fill the gap 1284, that was strong. this time if we go below 1292, that means fed's money is gone, evaporated in the air. I don't think Fed is going to let it happen.
#3
jdjimenez
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Posted 24 February 2011 - 12:30 PM
Realize it is not complete. Question is would the buy point be apex of center post?
#4
vitaminm
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Posted 24 February 2011 - 01:21 PM
spx..may kiss daily lower bb band!
vitaminm
