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Home Posts drilling

Drilling Down On The S&P 500

sspencer09/13/2015General Comments, Steven Spencer (Steve's) Blogs, Trading Ideas, Trading LessonLeave a Comment

This weekend I have seen a few versions of this daily chart of the SPY drawn with two lines to offer what appears to be “symmetrical triangle”. The idea is that buyers/sellers are becoming more aggressive and when one group wins the SPY will close above/below one of the two lines leading to an explosive move. I’m not a huge … Read More

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