A stop should be tight under yesterday's lows? I have a feeling
that this saurcer formation will break down like that on GDX a
couple of weeks ago. If broken, it's a 10 point drop down to
1955ish, isn't it?
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SPX 3 Updated View
Posted by steve on 26th of Sep 2014 at 12:02 pm
$SPX - Chart Link
A little more proportional now...10 point range on SPX short term (1966-76)
Squeeeeeeeeze...looks like many traders didn't
Posted by steve on 26th of Sep 2014 at 02:11 pm
Squeeeeeeeeze...looks like many traders didn't cover shorts yet. Nice pattern hah guys?
Just broke the saucer.
Posted by renko777 on 26th of Sep 2014 at 02:00 pm
Just broke the saucer.
Title: stops are tight below
Posted by junkie on 26th of Sep 2014 at 01:32 pm
A stop should be tight under yesterday's lows? I have a feeling that this saurcer formation will break down like that on GDX a couple of weeks ago. If broken, it's a 10 point drop down to 1955ish, isn't it?