Post-QE3 Action Mirroring Post-QE2
- Posted by TheArmoTrader
- on September 25th, 2012
I saw a lot of tweets today on the stream talking about how “we gave up all the QE3 gains!”, or something of that nature. Well, I present to you 2 charts below, without much commentary. You make the call and analysis.
$SPY Daily Chart (July 2012-present)
$SPY Daily Chart (September 2010-January 2011)
Tags: $SPY $SPX $STUDY
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jerry Khachoyan is currently an undergraduate student at UCLA pursuing a degree in Political Science. He started trading in September of 2008. He concentrates on using technical analysis and reading the tape to enter the best risk/reward trades. The stock market to him is one of the greatest inventions by man.
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