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Trend39
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Dr. Layne Hermansen is an individual trader and family physician. He has been an investor for 25+ years and an active technical analysis trader for 10+ years. His current focus is the E-Mini S&P and the grains. Layne is not registered as an investment adviser. His commentary is for... More
  • S&P 500 (SPY) = Bearish Wolfe Wave Chart Pattern 0 comments
    Jun 5, 2012 2:10 PM | about stocks: SPY, DIA

    S&P 500 (SPY) has formed a Bearish Wolfe Wave chart pattern. Check it out!

    The article also talks about the daily chart and DOW (DIA) support at 11,300.

    Disclosure: I am short SPY.

    Additional disclosure: I list SPY because there was no option to list the S&P 500 E-mini which symbol I am short.

    Themes: Macro Look, market outlook Stocks: SPY, DIA
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