Several different independent traders have picked the 1425 level as either a high for this rally or a yearly high, so there could be a pullback that leads to a higher high.
What do you mean? I don’t see what you are talking about? The whole market has been manipulated heavily for many years now, but I don’ see anything unusual in that chart.
Several different independent traders have picked the 1425 level as either a high for this rally or a yearly high, so there could be a pullback that leads to a higher high.
Dell Bearish candle and resistance line: http://niftychartsandpatterns.blogspot.com/2012/02/bearish-candle-at-resistance-line-of.html
Dark cloud cover of citigroups :
http://niftychartsandpatterns.blogspot.in/2012/02/dark-cloud-cover-of-citigroups-inc.html
http://www.upsidetrader.com/2012/02/11/dow-15000-omg/
Compare today’s value to the value in May 2011. According to the graph, SPY just made a new high. Did it really???
Edit: Very subtle, eh?
What do you mean? I don’t see what you are talking about? The whole market has been manipulated heavily for many years now, but I don’ see anything unusual in that chart.
Screenshot of SPY on stockcharts for last year. What’s wrong with this picture?
This is the first time I’ve ever seen an entire year of SPY values manipulated.
Yeah… I think it does! LOL
Does that make us the bad news bears?
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2012/02/s-500-analysis-after-closing-bell.html