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#1 Bob-C

Bob-C

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Posted 04 July 2007 - 11:23 PM

Hi everyone, here is the SPX daily chart:

http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=6&dy=0&i=p72951289457&r=1357.png

The SPX CMF has grown increasingly negative on each of the past three rallies. The StochRSI is highly overbought at 1.00 and the RSI (2) is overbought at 92.94.

Here is the INDU daily chart:

http://stockcharts.com/c-sc/sc?s=$indu&p=D&yr=0&mn=6&dy=0&i=p72951289457&r=1357.png

The INDU CMF has grown increasingly negative on each of the the past three rallies. The StochRSI is highly overbought at 1.00. The RSI (2) is overbought at 94.54.

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.