You mentioned that the resistance that we are at on the SPY, is not that signifant, but if it bounces back down, since today we finished right at the resistnace level with less of a volume, we are still looking at a head and shoulders pattern on a 20 day chart. Do you not think that the bears could take control tomorrow and into next week?
I think bears will take over control by next week, as I just don't think the bullish trend will hold despite todays mega rally. I hope it goes down anyway, hurt well badly today
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anyone want to chat
SOMEONE TALK TO ME jT
Ghuallm0uth1 3 years ago
Brian, time to buy Home Depot?
Stan1208 3 years ago
You mentioned that the resistance that we are at on the SPY, is not that signifant, but if it bounces back down, since today we finished right at the resistnace level with less of a volume, we are still looking at a head and shoulders pattern on a 20 day chart. Do you not think that the bears could take control tomorrow and into next week?
u05ikoren 3 years ago
I think bears will take over control by next week, as I just don't think the bullish trend will hold despite todays mega rally. I hope it goes down anyway, hurt well badly today
scienterprize 3 years ago
Always good ideas here. I picked up some Intel. And thanks for looking at oil, Brian.
richardcameron 3 years ago