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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.88-0.3%4:00 PM EST
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To: FCom777 who wrote (36419)8/15/2012 10:08:13 AM
From: Joseph Silent  Read Replies (1) of 222665
 
I posted this chart on H1's thread more than a week ago, at which time I also said

that I expected the dashed white line to be a price guide. It is a key diagonal. Is has been that and more .... it's been support. I suspect that, if we can close above the blue midway line, we will at least bang the top of the red channel. But who can say? I have no magic signals, only pictures. :) Time will tell.

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