SPX - DAILY PREFERRED
SPX - 60 MIN PREFERRED
SPX E-MINI PREFERRED
It was a busy mother's day today. I hope all you dads, sons and daughters enjoyed the day with your moms. They rock!It's currently 9pm PST and it was only 15 minutes ago I was able to look at my charts. I was wrapping up my 60 min chart when I noticed that the SPX mini was on a tear. It must a reaction to the IMF loan to Greece.
Though there is a bear count that would account for this pop, I think this may go well with all the charts I have been posting all weekend.
Thank you to all who have posted comments recently. It is much appreciated and I enjoy the different perspectives . It let's me know that you are out there and reading. It keeps me motivated because it has been a little difficult to keep up with this as of late due to work.
Let's see what this week brings us!
Grand,
ReplyDeleteKeep up the good work, thank you!
i recognize your your preferred 60m chart(and i know you are bullish), but on the same pattern, i'm very bearish(i know huge up on the futures tonight Sunday) due to a pattern. it always lead to extreme weakness. for all the same pattern i back tested, so far i have not found any exception yet, all lead to extreme weakness ahead.
my final count published on May 3:
http://humblestudent777.blogspot.com/2010/05/road-to-t2-top-spx-121980.html
humble