SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (123446)8/29/2005 11:25:25 PM
From: skinowski  Respond to of 209892
 
We'll see. I notice a "uber bullish" daily candle on SPY's - Bullish Engulfing Pattern - which I don't like too much since I'm short them. But structurally the bearish case is not really damaged so far.

Fwiw, SPY's today tested from below the trendline which connects the lows on 5/13 and 7/7. I think this is the "active" trendline at present, involving "the low which precedes the highest high" -- in this case, of course, the one on August 3.