All I know is

    Posted by acorn on 15th of Nov 2012 at 02:55 pm

    There is a Gap at 1430 that needs to be filled if this was a downtrend. So I am expecting a minimum retrace to those levels!!!!

    acorn- yep here's the SPY chart

    Posted by matt on 15th of Nov 2012 at 03:12 pm

    acorn- yep here's the SPY chart which shows the gap

    Sure, but the mkt could

    Posted by frtaylor on 15th of Nov 2012 at 02:58 pm

    Sure, but the mkt could bounce for a few days and then head back down.  Also, it doesn't have to fill the gap on this go-round.  Could happen in 2013.

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