Monday, October 20, 2008

S&P Might Extend Its Gain




Confirmed by the double leg daily chart pattern, the intraday chart of S&P futures is showing a developing upward channel, I expect it to hit the upper band by the end of this week, or early next week. Even though I'm pretty confident at this level, I will still turn to be cautious if the price dip below the red line.

No comments: