Edited by ogm, 15 June 2007 - 10:39 AM.
SPX daily.
Started by
ogm
, Jun 15 2007 10:38 AM
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#1
Posted 15 June 2007 - 10:38 AM
Momentum is still strong on weekly charts, but daily charts are starting to roll over. If we make new high or not, doesn't really matter. The charts are setting up for decline on daily. Too many divergences in technicals and internals at this point. I beleive that it may very well coincide with airdale's cycle lows in late July, unless he gave up on that idea. Now if we get a fishhook on summations, here, the setup will be complete.