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Market gaps lower, reverse imminent? (SPX)

Everybody and their cousin has been watching the summer-long head and shoulders forming on the S&P and other major indexes, but remember the market often frustrates those who try to use conventional technical indicators on broad indexes:

I prefer to bet on the contrarian view, and look to see that juicy gap at 1067 fill sooner rather than later!


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[…] Market gaps lower, reverse imminent? (SPX) […]

Posted by Putting my money where my mouth is — SPY « Cape Cod Doug's Gap-Fill Trading Strategies on 25 August 2010 @ 1pm

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