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Home » S&P - Nasdaq » Three month chart of S&P

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1/3/2012 9:54:34 AM

BobLewisPhoto
BobLewisPhoto
Posts: 1
I'm a real novice so I'm interested to know if others agree that three month chart of S&P looks like inverse head and shoulder. Also we are currently near top of range, above 200 moving average and just broke out of three month apex. Looks bullish, no?

I'm taking a slightly longer term view, not really trading day by day in most cases. Thinking to wait for pullback and hopefully buy near 200 ma
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