AI
Wednesday, January 03, 2007 6:15:21 PM
SPX bounced off from lower TL/ma support today. As we noted before, CMF/money flow turned negative today.
SPX also bounced off from lower up TL support which you can see on 60m intraday chart as did on 11/28 low. The SPX bounce formation point is the same as it did during the last five months - sucessful 5-dip buying activities.
30m SPX shows negative D and 60m does not show positive D.
SPX also bounced off from lower up TL support which you can see on 60m intraday chart as did on 11/28 low. The SPX bounce formation point is the same as it did during the last five months - sucessful 5-dip buying activities.
30m SPX shows negative D and 60m does not show positive D.
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