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a simple spx chart showing the healthy market we have


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#1 andr99

andr99

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Posted 24 March 2015 - 09:18 AM

spx

it looks like it is 1999 again, but obviously an indicator's divergence is not enough, we need to see the long term support broken to the downside before getting to the conclusion the bull is in troubles and possibly over. I think in any case that we should start soon the distribution process marked by the rectangules

the time frame is weekly

Edited by andr99, 24 March 2015 - 09:28 AM.

forever and only a V-E-N-E-T-K-E-N - langbard