Below are two 15 min charts of SSO and SPY, with the volume move
late yesterday, watch to see if bull flags form on a light volume
consolidation, that's the pattern I see with potential to develop
at this point if the market doesn't tank but drifts sideways,
support areas are the horizontal lines from yesterday on the SPY
and the broken downtrend lines
market comments
Posted by matt on 5th of Oct 2011 at 09:57 am
Below are two 15 min charts of SSO and SPY, with the volume move late yesterday, watch to see if bull flags form on a light volume consolidation, that's the pattern I see with potential to develop at this point if the market doesn't tank but drifts sideways, support areas are the horizontal lines from yesterday on the SPY and the broken downtrend lines
SSO
SPY
bear flag on 5 min?
Posted by garyl on 5th of Oct 2011 at 10:33 am
rsi 2/rsi14 neg div /mac d trying to bear cross
Posted by honzer on 5th of Oct 2011 at 10:36 am