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SPX -BOP UPDATE


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#1 mss

mss

    I'M WATCHING

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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.

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The long term BOP is not suggesting much flow to the upside yet.

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The power chart is weak looking also.

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However the SCH chart is suggesting a large move soon, maybe.

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The last chart is a series of the BOP sma to give a broad view of money flow as calculated by this system.

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Now after so many charts suggesting a continued decline EXPECT a large rally very soon.
Comments welcome,

mss
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