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Posted in Professional Edition, Technical Trader

Wild and Crazy Week Ends With Bulls In Charge

A wild and crazy week ended with the SPX and Dow breaking out of triangle patterns, but the QQQ stopped at the upper trendline of a similar pattern. Triangle breakouts often lead to explosive moves, but will this one. This report describes the parameters to watch for.

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S&P 500 Chart
See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. In addition you get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates, in essence, a roadmap to guide your trading, daily in the Wall Street Examiner Professional Edition Daily Market Update.

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