reluctantplumber

Last run before the recession hits?

FX:SPX500   S&P 500 Index
Starting to see this image a little more often throughout the media I follow. However if its a real pattern the handle has not been formed yet. Weekly and Quarterly expected moves in orange. Trade Safe!
Comment:
Handle complete
Comment:
We have now touched the long term downtrend - time to lock in some profit - lets see if we get a reaction off the line up here...
Comment:
Lock in the rest for now - lets see how it goes from here, bound to get some kind of pullback soon

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