S&P 500 Bullish?
***Written By: Dann Mcnulty Stock Forum ID: WallStGolfer31***Â
Is the S&P ready to rally? In my last post I took a more neutral view, just pointing out the support and resistance, but it seems the S&P 500 has created an inverse head and shoulders patterns and has not only broken, but tested the neckline! You technicians should be very bullish from this news!
Â
 Here’s a link to the anotated chart.
 http://img177.imageshack.us/img177/407/sphsaug22ndyw1.gif
Â
More on this topic
(What's this?)
S&P Fires First Shot In Upcoming California Economic Collapse
(Zero Hedge, 6/16/09)
David Rosenberg: "600-840 On The S&P"
(Zero Hedge, 5/25/09)
S&P Dividend Aristocrats under performing S&P 500 in 1Q 2009
(Dividend Growth Investor, 4/2/09)