A Sleeping Tiger is Saving Up His "Spring to Life" Energy
A Side Way Moving Market is Doing the Same Thing.
CLICK ON IMAGES TO ENLARGE
SPY 5 Day, 15 min. - 2.11.11 - The Spring Sprang! Bullish Move to the Upside.
SPY 20 Day, 2 Hour - 2.11.11 - Channel Trend is Decidedly Bullish. On the Cautious side Price Action is High in the Channel which may result in a Pull Back.
For a Slide Show Replay of Market Action on 2.11.11 go to:
http://gallery.me.com/peterballenger1#100249