3 replies to this topic

[eminimee]

We'll see if it will mean something....gut says it will. It's at approx. 757 (getting that from an esignal weekly)
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=7&mn=0&dy=2&i=p08615185488&a=113972872&r=2007.png

[eminimee]

PS...the ES equivalent is at 753/54 and the OEX equivalent is 366 fwiw..

Edited by Teaparty, 20 February 2009 - 08:32 AM.

[eminimee]

PSS....OEX could also doulble bottom with the nov 08 low...significant weekly rsi bullish divergence....we came within penny's so far at today's low...I've got the november low at 361.14 fwiw

[eminimee]

Also keep in mind that over the years I've noticed on significant bottoms..oex tends to double bottom while spx makes a higher low. OEX November low was 361.32
Two other charts fwiw...one log one linear

LOG

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&yr=20&mn=11&dy=29&i=p24995734351&a=90720826&r=2658.png


LINEAR

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&yr=20&mn=11&dy=29&i=p59687318783&a=119373031&r=344.png

Edited by Teaparty, 20 February 2009 - 10:21 AM.