Pages

Friday, August 13, 2010

SPY Wolfe Wave done

Bullish Wolfe Wave failed at resistance

Updated chart of the SPY bullish Wolfe wave that was last posted {here}Things are getting awfully stretched, which could bode well for the target (red) line being met (+/1 $115-116). Things to watch for imho would be an exhaustion move with large volume before retracing.

No comments:

Post a Comment