Master Trend Line Analysis Shows Profits (NYSE:SPY)

By Gareth Soloway on August 2nd, 2010 12:57pm Eastern Time Note how after the initial break down on the SPDR S&P 500 ETF (NYSE:SPY) occurred, the markets fell and retraced higher to hit that same trend line again and again. Each time it hit, the short was there for the taking and money would be made. Today was the latest example of that level being hit, The markets have pulled off their highs and that level nicely. Learn the InTheMoneyStocks techniques, make money Gareth Soloway Chief Market Strategist www.InTheMoneyStocks.com
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