S/T Buy at 1969 but for how long

S/T Buy Signal above 1945 and at the close 1969.
Possible 2nd attempt at recovery.
But still in this nasty triangle, and a close above the mid channel would really help to settle the nerves.
Expect more choppiness.
New T structure looks active now, possible projection into late September.

Chart of S&P500 for 9 September 2015

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *