SPX -BOP UPDATE
Started by
mss
, Apr 26 2008 05:16 PM
No replies to this topic
#1
Posted 26 April 2008 - 05:16 PM
Have not posted BOP charts in awhile and thought now was a good time to take a look at the flow of money from the BOP calculations.
The first chart has a very interesting pattern on it outlined by two vertical dotted lines passing through the low and high price points, with the low and high connected by a sloping dotted line. From a visual stand point seems to be meaningful. PLEASE COMMENT ON THIS CHART.
The long term BOP is not suggesting much flow to the upside yet.
The power chart is weak looking also.
However the SCH chart is suggesting a large move soon, maybe.
The last chart is a series of the BOP sma to give a broad view of money flow as calculated by this system.
Now after so many charts suggesting a continued decline EXPECT a large rally very soon.
Comments welcome,
mss
WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA.
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!
A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!!