SPX traded to 1485 +/- support
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Date:11/7/2007 1:45:57 PM
Post #of 4170
SPX traded to SPX 1485 +/- support and bounced.
As far as cycle date is concerned, the turn dates are not often precise falls on the date.
Therefore, while we have different speculation concerning cycle turn date projections, we go with market price actions.
Intraday price actions are again showing positive divergences and markets are trading at major supports.
http://www.stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=11&dy=0&i=p55361846459&a=81415468&r=467.png
http://www.stockcharts.com/c-sc/sc?s=$VXN&p=D&yr=0&mn=11&dy=0&i=p72794683338&a=90490357&r=975.png
Edited by Trend-Signals, 07 November 2007 - 02:10 PM.