InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,439.61
(
2.13%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.79
(
-1.00%
)
Bitcoin
62,847.35
(
6.30%
)
Post# of 148479
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

teaparty

Send PM Follow Ignore
Followers 160
Posts 8045
Boards Moderated 0
Alias Born 11/28/2002

teaparty

Re: euterpe1 post# 122085

Thursday, 07/10/2008 5:51:49 AM

Thursday, July 10, 2008 5:51:49 AM

Post# of 148479
Yes..there is divergence on RSI and MACD against the Jan and March lows....but I think the RSI has to at least test the bottom TL . What I'd like to see in a perfect world is OEX testing the 559/562 area and then get a nice reversal tail while we get divergence on both the A/D and U/D cumulatives.
Then we could get that rally to relieve the oversold conditions with spx maybe getting to 1300/1320 area and OEX to the 600 area before another leg down.
http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=10&mn=6&dy=0&i=p56154778770&a=57601821&r=1606

http://stockcharts.com/c-sc/sc?s=$OEX&p=W&yr=6&mn=2&dy=0&i=p30044246406&a=143888228&r=8639


Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up