2011 highs in the 500 Index are being tested right now…

CLICK ON CHART TO ENLARGE

Due to the "Power of the Pattern" we have favored THD and IWM, not the S&P 500 Index/SPY (see post here).  500 Index/SPY does find itself at a rather interesting pattern situation right now. 

Game Plan....If long would put a fairly tight stop in place!

Be Sociable, Share!

Comments are closed.