It's still pretty early in the day, so we'll watch for signs of a false breakout as I would suspect this is and this is why quiet markets always force me to be extra aware.
Tuesday, December 6, 2011
Could that last post have been more timely?
Or accurate?
SPY 5 min triangle starting to breakout on volume.
The 1 min gives a cleaner view of the move.
It's still pretty early in the day, so we'll watch for signs of a false breakout as I would suspect this is and this is why quiet markets always force me to be extra aware.
It's still pretty early in the day, so we'll watch for signs of a false breakout as I would suspect this is and this is why quiet markets always force me to be extra aware.
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