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Signs, Signs, Everywhere there's signs


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#1 StillLearnin

StillLearnin

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Posted 14 March 2008 - 08:33 AM

Click here while you consider these charts: "]

IF we take out $SPX 1344.19 today we will get a "key reversal" on the WEEKLY right at the 200 week MA. Also on the chart below the weekly you will see another nice up day on the daily (required to get to 1344.19) would have the histogram go positive and confirm the positive divergance.

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=1&mn=0&dy=10&i=p65775733513&a=133260308&r=5208.png

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=5&dy=10&i=p25971229160&a=130470315&r=639.png