Posted by mikeovanes on 5th of Nov 2009 at 12:57 pm
DEAR MATT:
IS THIS OBSERVATION, CORRECT. A RIGHT SHOULDER FORMING
WOULD BE VERY BEARISH FOR THE S&P500 , WHICH WOULD BE NEGATED
ONLY IF WE BREAK ABOVE 1,100.00?
THANK YOU,
MICHAEL O.
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BEARISH RIGHT SHOULDER FORMATION ON S&P500
Posted by mikeovanes on 5th of Nov 2009 at 12:57 pm
DEAR MATT:
IS THIS OBSERVATION, CORRECT. A RIGHT SHOULDER FORMING WOULD BE VERY BEARISH FOR THE S&P500 , WHICH WOULD BE NEGATED ONLY IF WE BREAK ABOVE 1,100.00?
THANK YOU,
MICHAEL O.