"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, May 3, 2010

SPX - Top In?

And while we conjure scary stories for bears how about this one; if you want to get technical about it, the measured target for the SPX is 1250 off of the inverted H&S pattern. NFTRH's old target of 1224 nearly got pinged but that is still open too.