S&P 500 Breakout or Breakdown? http://www.opti
Post# of 98050
Posted On: 01/14/2015 4:46:02 PM
S&P 500 Breakout or Breakdown?
http://www.optionmillionaires.com/breakoutbre...on-sp-500/
"I believe that the market is on a verge of a breakdown, possibly testing 195. In addition to the head and shoulders there is also a wedge pattern on the SPY. This tells me that the SPY is coiling up for a big move (up/down). I think the market needs a catalyst to go higher, otherwise it will breakdown."
Read the full article: http://bit.ly/1DFvMaN
http://www.optionmillionaires.com/breakoutbre...on-sp-500/
"I believe that the market is on a verge of a breakdown, possibly testing 195. In addition to the head and shoulders there is also a wedge pattern on the SPY. This tells me that the SPY is coiling up for a big move (up/down). I think the market needs a catalyst to go higher, otherwise it will breakdown."
Read the full article: http://bit.ly/1DFvMaN
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