SPY Pre-Market Support/Resistance (by Leaf_West)

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Pre Market action is hot and heavy … My time target of a market high on April 27th/28th fits in nicely with the Fed post meeting interview.  However when I look at the market action since the mid-February top I get the sense that we are putting in an ascending triangle pattern.

 

Pre-Market Levels

SPY_April20, 2011_PreMkt01

 

Possible Triangle Pattern

SPY_April20, 2011_PreMkt02

Gap Data

Here is my Gap Data updated for the first part of 2011 …

Gap Data_01

Good luck today guys and gals

Cheers …. Leaf_West

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