SPDR S&P 500 (SPY): Same thing The T LINE has been saying ,...

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Re: spartex post# 163905

Thursday, 10/22/2015 4:42:32 PM

Thursday, October 22, 2015 4:42:32 PM

Same thing The T LINE has been saying , which I've been squaking about, the only two times in twenty years on the monthly chart that the 9 period EMA has pierced the mid BB are 2000 and 2008. Not quite through it yet, but the month is nowhere near over.

"Yamada noted that the last two times the market saw a similar shift in momentum were in January 2008 and June 2000."

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