4 replies to this topic

[redfoliage2]

Hi, Rogerdoger: Could you possibly post the charts for the RSI2 and RSI3 crossover on SPX? TIA

[vitaminm]

spx Rsi 1<2<3 NDX Rsi 1>2>3

[Rogerdodger]

Yes, there was a cross yesterday.
All it takes is a lower close from the previous day on this short of a time frame.

It could be the tip of the iceberg.
(Or a pimple on an elephant's arse.)

I would be surprised to see anything lower than 1460 before another rally.
It's the Feb high and will soon be the median line of the BB. (Bottom chart)
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p83184271201&a=103784149&r=578.png
These show a little more selling could get us to a nice buy area:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55108568751&a=94546561&r=8660.png

Edited by Rogerdodger, 24 April 2007 - 08:02 PM.

[redfoliage2]

Yes, there was a cross yesterday.
All it takes is a lower close from the previous day on this short of a time frame.

It could be the tip of the iceberg.
(Or a pimple on an elephant's arse.)

I would be surprised to see anything lower than 1460 before another rally.
It's the Feb high and will soon be the median line of the BB. (Bottom chart)
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=2&dy=0&i=p83184271201&a=103784149&r=578.png
These show a little more selling could get us to a nice buy area:
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p55108568751&a=94546561&r=8660.png

Nice charts. Thanks.

[vitaminm]

^GSPC

http://finance.yahoo...PC %5...0&a=&c=