http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=20&mn=0&dy=0&i=p37463439244&a=156228676&r=3534.png
Edited by hedgehawk, 01 February 2009 - 10:24 AM.
OEX Lowest Monthly Close Since 1997
Started by
hedgehawk
, Feb 01 2009 10:23 AM
1 reply to this topic
#1
hedgehawk
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Posted 01 February 2009 - 10:23 AM
We broke the last bear markets monthly lows. During the last bear, OEX never close the month below 400. Not a bullish development.
http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=20&mn=0&dy=0&i=p37463439244&a=156228676&r=3534.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=M&yr=20&mn=0&dy=0&i=p37463439244&a=156228676&r=3534.png
#2
hedgehawk
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- Traders-Talk User
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Posted 01 February 2009 - 12:01 PM
I think the market is in deep yogurt here with the S&P 100 leading the way............it is broken.
http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=7&mn=0&dy=0&i=p76845669486&a=160316561&r=5515.png
http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=7&mn=0&dy=0&i=p76845669486&a=160316561&r=5515.png
