1 reply to this topic

[mss]

Got a request to post this indicator, current trading and a history version. The history is harder to read because of time span, but interpretation is the same. In a down market - remember it is a down market.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=1&dy=0&i=p21949993776&a=169891475&r=7786.png


http://stockcharts.com/c-sc/sc?s=$SPX&p=60&st=2008-10-08&en=2009-03-26&i=p25897162462&a=170301403&r=3308.png

Comments welcome,
mss

[hiker]

daily SPX, see the lower portion of the chart which has NOT yet confirmed the upside bias will be sustained:

http://stockcharts.com/h-sc/ui?s=$SPX...id=p03819510210