Nearby SPX

In Andrewws Pitchfork theory, the tines are but lines to watch
until they have proven themselves as either resistance or support,
as the center tine appeares to be doing in here.

In a perfect Andrews world we are looking at 1050.

http://stockcharts.com/c-sc/sc?s=$SPX&p=60&yr=0&mn=2&dy=0&i=p04651302512&a=185146357&r=6595.png

Note also the downtrend line holds, and the resolution of the complex top on the Mac.

Edited by selecto, 15 July 2010 - 09:43 AM.

This is the channel that I posted today morning before bell.

channel