13 March 2012 – Pattern Study – Breaking the SPY barrier.

Ticker:

 

1. SPY

 

Topic:

 

1. Last index to break the barrier after NASDAQ and DJIA.

 

Lesson Learnt:

 

1. The barrier is finally clear. We are in a very strong BULL market.
2. Anyway, watch out the counter reaction that can happen from VXX.    ;-)

 

Intraday Chart

Historical Chart