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Head and shoulders reversal????      5-Nov-09 12:05 pm    
Seems to me that 106.55 perfectly connects with the highs from the last shoulder a couple of months ago. Neckline is roughly 102.50.

I'll wait to see what happens today. If it plows strongly through 106.55, I'll wait to see if it breaks new highs, for now I've opened up a small position in SDS corresponding to 106.55 in the SPY.
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bandg122

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Head and shoulders reversal????
bandg122 (1 Rating) 5-Nov-09 12:05 pm  
 
BTW, how do they get to market to move exactly to ...
bandg122 Rate it 5-Nov-09 12:17 pm  
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SPDRs (SPY)

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At 4:00PM ET: 111.44 Down 1.08 (0.96%)
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