Chart of the Day: SPY (again)

October 12, 2011

Yes, divergences work fine with haDelta.

SP500 (SPY) is still weak and still at resistance.

Heikin-ashi does not care about candle patterns; it looks at each individual candle/bar.

Gravestone doji (bearish)? Shooting star (2 lines and bullish continuation)? Maybe one of them…

The bottom line is that we see a weakness on haDelta chart.

Chart of the day 10/12/2011 SPY

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