Charts of the Day: SP-500 and SPY M2

October 4, 2011

Yesterday’s chart showed two levels of support.

The first support held exceptionally well today. Advantage haDelta!

In addition, a 2-min SPY chart with an exceptionally bullish action anticipates a strong open tomorrow (barring any overnight Black or Grey European Swans).

 

Chart of the day 10/04/2011 SP-500

Chart of the day 10/04/2011 SPY M2

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