SPDR S&P 500 (SPY): When we go in one direction for weeks, j...

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Wednesday, 05/14/2008 12:34:22 PM

Wednesday, May 14, 2008 12:34:22 PM

When we go in one direction for weeks, just seems there are no indicator that work or give clues..Maybe this one does,,ADX has gone down ever since this rally started..Doesn't that mean a weak rally?? Doesn't matter it's the price level we are concerned about///Just a thought???
img src="http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=2&mn=0&dy=0&i=p30826249528&a=86663089&r=2572

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