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[Rogerdodger]

Look to the far left of the chart and you will see a big red candle followed by a doji (unchanged) low followed by a rally.
The 3/4 moon was Sunday August 8, 2004.
With the 3/4 moon this Sunday August 5th, that low sure looks a lot like this week, so far anyway.
So will next week see a similar big white candle?
If they can get through that 1490ish area next week, I say yes. (FED meeting)
Will sentiment jump to more bearish tonight?
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=3&mn=0&dy=0&i=p28233431990&a=31991787&r=3233.png

Edited by Rogerdodger, 03 August 2007 - 11:27 AM.