http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1983-01-01&i=p57757598631&a=90720826&r=3590.png
spx monthly
Started by
eminimee
, Jan 09 2008 09:37 AM
1 reply to this topic
#1
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 January 2008 - 09:37 AM
#2
typicalbear
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- Traders-Talk User
- 390 posts
Member
Posted 09 January 2008 - 01:25 PM
The things that really impress me about this chart are the divergences in the indicators. Also, the rsi leading to the '00 top peaked above 90, which indicates a market destined to go higher, vs the inability of the rsi to go over 85 leading to the '07 top. The market looks like it would be more comfortable around the 1100 area.
