AI
Here's my W@G relative to next week--the up trend-line on the below weekly chart will be broken. Why?
1) SPX is almost up against a key Fib resistance level of 38.2%.
2) SPX is up aginst the 13-week EMA which has acted as resistance since June 08.
3) The Chaikin Oscillator has flashed a new sell signal on the weekly chart.
4) The SPX is now trading below the 18-day price MA.
1) SPX is almost up against a key Fib resistance level of 38.2%.
2) SPX is up aginst the 13-week EMA which has acted as resistance since June 08.
3) The Chaikin Oscillator has flashed a new sell signal on the weekly chart.
4) The SPX is now trading below the 18-day price MA.
Regards,
frenchee
#board-4258 TSP Trend Timing: EFA (I), TLT (F), SPY (C), and VXF (S)
