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SPX & DOW (2 charts)


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#1 samsung

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Posted 26 August 2005 - 06:12 PM

I would have too say that my indicators for the S&P and DOW are sitting in the right place for at least a bounce, if not a change in trend. It is matching all the past turning points. Price is also sitting on the down trendline and at just about the 38% retrace on the S&P and just about the 50% retrace on the DOW. We may only get a "boune" too the upper trendline???? :unsure: I am sure that next week will be a very interesting week.. :D Have a great weekend and trading week ahead. ;)

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Edited by samsung, 26 August 2005 - 06:18 PM.