Monday, June 22, 2009

Weekly SELL on Triangles

First of the longer-term trend models to drop, Market Club's Weekly S&P chart has triggered a SELL SIGNAL @ 903.78, reversing a BUY generated March 18, 2009 @ 780.12:

Blue Wave S&P Weekly will flip SHORT at 873.22:

Blue Wave 120-minute already well entrenched in SELL MODE, targeting 840:



Wayne said...

thx Allan, yep I flipped on the weekly triangle sell, looks like it would take a rise into the 950's to reverse that.


The Sound Center said...

Here we go...

Short the shrinking phone book since June 9.