6 replies to this topic

[eminimee]

Weekly......bullish IT to LT

http://stockcharts.com/c-sc/sc?s=$NDX:$SPX&p=W&yr=10&mn=8&dy=0&i=p33811848522&a=114984972&r=4661.png

[borland]

Slightly different than your other chart going back past 94' Why's that?

Here's your chart from your blog...

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1987-01-01&i=p89395564987&a=68755843&r=2799.png

Meant to say the 01' ratio peak...

[eminimee]

What's different? On one I've got ndx:spx ratio in line form...the one I just posted is in candle form. Be specific....what's different?

[borland]

Sorry, You have the wedge on both charts, but the ratio brakeout level on the longer chart is currently higher. 01' vs. 03', that's all. One chart is monthy the other a weekly. But I don't see why that would affect the peak value. It's also interesting to see on longer chart, that $USD has broken down, out of the box.

[eminimee]

the box on the usd was only there to signify a comparible bottom....it had nothing to do with price....so dropping out of the bottom means nothing....I've moved it for you....also made the ndx:spx candle form on that chart. Everyone happy?

http://stockcharts.com/c-sc/sc?s=$SPX&p=M&st=1987-01-01&i=p41133014374&a=68755843&r=780.png

Edited by Teaparty, 03 November 2007 - 01:06 PM.

[borland]

TP, Happy? Well, not exactly. Now we see that the ratio trendline in your longer chart, is based on the monthly closing price. So the line is hiding the true support/resistance ratio price levels that's built into the market volitility. That puts into question your "red" resistance level for the $oex:$spx, as possibly not being a valid brake out level. See what I mean?

[eminimee]

I really don't know what you mean...and quite frankly I think you're being a bit picky...I don't know what you want to see.
Try this

http://stockcharts.com/c-sc/sc?s=$OEX...4216&r=6781