Update. "What Is wrong With This Chart" (SPY) ~ Hedge Accordingly |

Sunday, November 14, 2010

Update. "What Is wrong With This Chart" (SPY)

By Hedge Ly | 11/14/2010 10:57:00 PM |

daily spx current

Back on November 5th i posted a SPX chart showing a pierced upper bollinger band hinting at a pullback. The chart to the left is the updated chart showing the S&Ps back in their channel. Trading the bands is what they call this. The chart below the fold is the original chart.

daily spx from Nov 5th

Posted in: bollinger band,SPY

No content provided within the pages of "hedge accordingly" or "HedgeLy" "trade for profit" constitutes investment advice. Neither Hedge Accordingly or it's authors offer advice or recommendation to buy or sell any security. "Hedge Accordingly" is not a financial advisor and does not recommend the purchase of any stock, option, futures contract or offer advice on the suitability of any trade or investment. Actions you take as a consequence of any analysis, opinion or advertisement within the pages of Hedge Accordingly are your sole responsibility and at your discretion. Any content is to be used for educational purposes only.

Any links provided here to other web sites are for informational purposes only. We take no responsibility for the accuracy or content of linked sites. -Contact -

HedgeLy Reads

archives

Sunday, November 14, 2010

Update. "What Is wrong With This Chart" (SPY)

H|A Weekly Top 7 Posts

Further Reading