SPY, BEAR FLAG?

来源: 于 2011-09-06 18:09:04 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Big Bear Flag?

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Just a quick observation before the holiday weekend…

It looks to me like SPY is forming a big bear flag. If so, we will watch closely to see how each side of the flag handles pressure. So far, the top of the flag is performing just as we would expect. Will SPY trade to the bottom of the flag, and will it bounce there? I suspect it will bounce, at least this time.