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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Thursday, April 9, 2009

SPY breakout on low volume


The media are all abuzz, about the breakout to the upside...

Be careful as the Inverted H&S pattern has yielded it's breakout higher, but when this fails the turn-a-bout will be quick and violent to the downside


For the Web's best interactive charts, please visit http://www.Prophet.Net
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