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[hiker]

note how well the 80 week ema worked last few years to spot bottoms now at 1391 1387 is the 50% retrace of the 2006 low to the 2007 high

[Woody]

note how well the 80 week ema worked last few years to spot bottoms now at 1391

1387 is the 50% retrace of the 2006 low to the 2007 high

100 week ema also contained the 1998 correction now at 1366 fwiw

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=6&dy=0&i=t97691055303&r=756.png