SPX Basic Chart - If 1505 is next....
Started by
Russ
, Oct 18 2007 11:10 PM
3 replies to this topic
#1
Russ
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- Traders-Talk User
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Posted 18 October 2007 - 11:10 PM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
Russ
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- Traders-Talk User
- 7,204 posts
Member
Posted 18 October 2007 - 11:21 PM
Looks suspiciously like a big bull flag doesn't it??
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#3
relax
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Posted 19 October 2007 - 02:07 AM
stoch and macd look good too with the kisses
but would like a big move up soon
#4
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 19 October 2007 - 05:26 AM
Make it a channel instead of a wedge...That's the first thing I do when I see a possible wedge breakout...draw a line parallell with the bottom of the wedge. ..confirmation would be the break of the channel...otherwise it makes a good "take the money and run" point.
PS. also be aware of fake channel pokes....LOL
