SPX

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Prophet Financial Systems, Inc.

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By: Stubborn Bear

Jun 18 2008

1:14 am

Tags:

Category: Setups

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Tag cloud: INDU IWM IYR IYT NVDA QQQQ SPX TNX UPS USD VIPSX XLF

Several things:

1.  Mini ending wedge from the 11th to the 16th.

2.  Big fat downward trendline from May 19th.

3.  We might get one more knock on the upper trendline, but I am not taking that bet. (You know me, I’m a stupid bear.)

I am a little upset the Nasdaq 100 and the Russell 2000 isn’t really following the S&P 500 down.

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