- had a dream this morning that the s&p 500 was trading around 1400 and would soon break above long term resistance at around 1550....
- during the dream i also recognized that breakouts of a well established range, with the current move coming from the bottom of the range, tend to fail...and even with this recognition, it felt as if the breakout would hold...
- interesting....
- here's a link to a SPY chart that dates back to 1993...the scale on this chart is 1/10th the s&p500...
***this is an illustration of what i am trading and/or what i am thinking...it is not a recommendation for you or anyone else to buy or sell this or any other security...trade at your own risk ***
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