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$SPX: QE3 Triangle Breakout Hopes?

SP:SPX   The S&P 500 Index
308 8 0
SPX             showing strength, testing the upper triangle resistance @ 1360. Will we see a breakout or retest of 1375 next week?
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Almost +2%. Nice trade...
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Thank you for sharing this. But this idea is my favorite one at this moment.
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What do you think now with 1385?
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1400 could be in play. I expect the Federal Reserve will not bring QE3 and the we will get a reversal back down into the channel.
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BuffaloBill TradeVulture.com
Your right, it's very likely there is no QE3. ZeroHedge has an interesting article about QE already being priced in.
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Hit 1375 today. What will next week have in store?
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