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#1 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
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Posted 27 February 2007 - 08:25 PM

If you look at the rsi and macd....the divergence was getting wound up so tight that either one of two things were going to happen....indicators were going to breakout to the upside with price making the last few months a running correction....or price was going to drop and quickly catchup with internals.

We found out today.

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=3&mn=2&dy=0&i=p22237805692&a=74401962&r=1039.png