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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: Joseph Silent8/20/2012 10:01:32 PM
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After staring at some charts until ...........................................

I became sufficiently cross-eyed, I am leaning toward the view that getting past the SPX 1420-1423 logjam
has to be worth more than 10 points in the immediate future.

Therefore, I think we may see 1450 and above soon before the shorts and the crashmeisters can afford to get excited about anything.

Observe the downward white channel in conflict with the upward black channel. At this point it's a chess game.

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