3 replies to this topic

[eminimee]

Breaking through what "could" be a falling wedge would give me a ton of confidence that the low is in....if it stops there.....just be on guard.

http://stockcharts.com/c-sc/sc?s=$OEX&p=60&yr=0&mn=5&dy=21&i=p85296073534&a=107003689&r=5148.png

[denmo83]

Hi Teaparty... Nice call on the rally, with some nice charting to boot. I'm sure you are aware, so excuse me for chiming in, but the daily chart has the 50ma currently @ 698.41. May cause a pause. Best to ya!

[hiker]

SPX 50day ema at 1501.20 XLF .618 retrace of the 6.19 decline is 35.79....5 retrace at 35.05 has not been surpassed today

Edited by hiker, 08 August 2007 - 12:50 PM.

[eminimee]

if we turn down now..here's why

http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=6&dy=0&i=p11958525491&a=88876576&r=6446.png