I haven't examined my charts yet but my guess is we haven't seen the end of the selling.
Regards,
Edited by Doug, 11 October 2007 - 06:03 PM.
Double top on the SPX
Started by
Doug
, Oct 11 2007 06:02 PM
2 replies to this topic
#1
Doug
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- Traders-Talk User
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Member
Posted 11 October 2007 - 06:02 PM
Did anyone notice that the SPX formed a nice double top at resistance and at its all time high today.
I haven't examined my charts yet but my guess is we haven't seen the end of the selling.
Regards,
I haven't examined my charts yet but my guess is we haven't seen the end of the selling.
Regards,
#2
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 11 October 2007 - 06:47 PM
Double top? The old all time high was 1553.11...not sure what you mean.
http://stockcharts.com/c-sc/sc?s=$SPX...3340&r=1314
http://stockcharts.com/c-sc/sc?s=$SPX...3340&r=1314
#3
Pabst
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- Traders-Talk User
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Posted 12 October 2007 - 10:51 AM
Double top? The old all time high was 1553.11...not sure what you mean.
http://stockcharts.com/c-sc/sc?s=$SPX...3340&r=1314
Heads up! The 3/2000-10/02 move is the exact distance as the 3/03-y-day move.
Free market's for free men!
