Saturday, May 19, 2012

Nemo's Findings for the week of 5/20

(Course on chart pattern recognition is available now: 

 Here's how the IWM/SPY levels played out for the week.  See the arrows?  Somebody out there should be making money of these......

 Here are the levels for next week ( sign of capitulation volume yet):

 Here's a link to my "panel" layout in Freestock charts (btw...I may have overcome the bug displaying trend and level lines in lower time frames):

Here's the original post explaining the approach: