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Oh So Close!
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Oh So Close!

Oh So Close!

by MoleSeptember 17, 2009

Anna Mall here

Just wanted to do an updated Fibanocci chart on SPY, I had mentioned a few days ago we would see around the 1068-1070 area before getting some retracement. We we are right on the brink.  This chart show that the spy high is 107.32 and it appears we have a few more ticks or might have topped out short term…

🙂 Now wouldn’t that be nice!! I think we have all be beaten up with this tape having gone so long without even a correction.  Any of you that have some great charts on GLD or $DXY send them to me @ Annamallgirl@gmail.com  thanks and have a great day! 🙂

SPY Fibanocci Levels

SPY Fibanocci Levels

Update: keep an eye on Apple it has broken resistance and is a barometer for the market pig! LOL

Also the $DXY has rolled over, We should see 1080 by Friday’s OPX

About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.