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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: GROUND ZERO™ who wrote (68191)1/31/2015 7:47:12 PM
From: Mevis  Read Replies (2) of 218670
 
its an ugly shape regardless and its gonna break real soon - more than likely downward even as everyone is expecting it. there is a lot of air under that formation with a juicy gap in the lower 1900's. this will be a several hundred point SP washout. the question is how rapid it occurs. i could see this more like a 2001-2003 style instead of the 2008-2009 quickie.
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