Monday, May 2, 2011

And There It Is

I just had a little rant and said, "lets see if they run price up through the trendline again, traders will buy it"

Volume spikes as price in the SPY crosses the same trendline. imagine all those who were stopped out, how they feel right now. And this is a closer shot then the last picture, you can se the stops were triggered literally a penny below the trendline (trendline at $136.15, stops hit at $136.14)

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