"The safe way to double your money is to fold it over once and put it in your pocket." Frank Hubbard

SPY 5-Day 30-Minute Chart

14. April 2009• SPX S&P 500, • Stock MarketPhantasmix Tags: , , , ,  2 comments

Including after-hours and pre-market trading — a nice rounded top taking shape. Positive volume pattern was disrupted today on both SPY and XLF.
Click to enlarge
apr14_spy_rounded_top

 


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2 comments:

  1. Comp!ete, 14. April 2009, 18:04

    I need an 820 on the SPX before Friday!!

    Can the market deliver??

    :)

     
  2. Phantasmix, 14. April 2009, 19:53

    You’re not very demanding! A realist, huh :)

    http://finviz.com/quote.ashx?t=spy&ta=1&p=d

    You KNOW it’s overbought, not to mention – at resistance.

     

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