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[Rogerdodger]

We have had so many divergences for so long, I almost hate to mention another one.'
But this sure looks like it could be a repeat of mid May's '06 plunge.
Look at those 2 big fat red circles. Both show a near touch of downtrending NYSE ma.
Could we get any kind of a cycle low in the next few weeks?
http://stockcharts.com/c-sc/sc?s=$NYSI&p=D&yr=2&mn=0&dy=0&i=p08764908356&a=18554665&r=6555.png

Edited by Rogerdodger, 17 July 2007 - 11:33 PM.