The Men Who Stare at Charts: SPX 30 Min.

I know. I can wear you out with the shticks. I even got hate mail the other day about the latest ‘Amigos’ post.

But here again, this man who stares at charts sees a ramp job to a gap fill on the S&P 500 30 minute chart and wonders whether that’s all it is. These in-day charts can be deceiving. This may look like a shoe-in to short, but unless you’re a day trader (I am not) you might want to be careful about applying the same kind of rules you would with a daily or weekly chart. A lot of noise in these in-day charts.

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And to the hate mailer here, suck on this…

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