Tuesday, June 16, 2009
ProphetCharts: $SPX
See my video on Wedges.........Here is a bigger view of the past 5 days........Downward sloping wedge is bullish.......
upward sloping wedge is Bearish........the reversal projection targets with wedges are not as defined as other reversal chart patterns...so you have to take your cues from the left side of the chart and look for past support and resistance in addition to Fib's...
For the Web's best interactive charts, please visit http://www.Prophet.Net
Posted by Neboxian at 5:59 PM
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment