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[eminimee]

The key weekly reversal thread got me thinking of what candles look like at tops on monthly charts....not too many "key monthly reversals" but there have been one or two. Just thought looking at what consecutive candles looked like at tops might be interesting if not totally useless. ...I'm thinking early 94 type move..



Three charts since 1980 to view better.

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1980-01-01&en=1992-12-31&i=p61384305653&a=96150919&r=3273.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1993-01-01&en=2000-12-31&i=p63401246321&a=96151469&r=3929.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1999-01-01&i=p34965805739&a=96151775&r=6729.png

Edited by Teaparty, 27 January 2007 - 01:14 PM.