Posts Tagged ‘continuation’
Posted by StockRake on January 29, 2009 in Gold Stocks, Leveraged ETFs, Leveraged Funds, Market Comments, Oil Stocks, Technical Analysis, Trades
SPX Below 850, Another Inflection Point
Broke below the pink line, but will we rally off the break or have continuation? Friday’s are exclamation points on the week and I’m now short the RUT and SPX looking for it to end down. It is going to require a very large day tomorrow range wise to turn most charts based on the …
Posted by StockRake on December 7, 2008 in Technical Analysis
Inverted Head and Shoulders Short Term Charts
Short term charts show inverted head and shoulder patterns. I had these setup for Friday, but just getting to posting them now. These are 30 minute charts, which is a short timeframe and in the grand scheme of things does not change the overall bear market. The only bullish item it does suggest is that …
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