See a Pattern?

Here’s the S&P 500. I think I can make out a pattern of four rising humpy things. I have no idea what it means, but there you go.

If the current humpy thing doesn’t pass the last humpy thing, then that probably won’t be good*. Unless of course, there’s a new and higher humpy thing. Bottom line: It remains to be seen.
* This how all technical analysis sounds to me.

Posted by Eddy Elfenbein on November 5th, 2009 at 2:01 pm

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