[RT] SPX

["EAdamy" <eadamy@xxxxxxxxxxxx>]

5 failed attempts to break above resistance at 1182 and now on 5th attempt to break below support at 1174. All that was accomplished during the past 4 days was to relieve the oversold condition in the oscillators.

 

Can they try a 6th time? Could be, however Curtis Arnold describes the rectangle as a reliable continuation pattern. 3 price targets lie below: 1164, 1146, and 1130.

 

Earl

Yahoo! Groups Sponsor

ADVERTISEMENT

---

Yahoo! Groups Links

• To visit your group on the web, go to:
  http://groups.yahoo.com/group/realtraders/
   
• To unsubscribe from this group, send an email to:
  realtraders-unsubscribe@xxxxxxxxxxxxxxx
   
• Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.

Attachment: Spx60.gif
Description: GIF image