SPDR S&P 500 (SPY): Hiker, One alternative is watch the b...

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Re: rimshot post# 83388

Saturday, 06/20/2009 3:43:04 PM

Saturday, June 20, 2009 3:43:04 PM

Hiker,

One alternative is watch the black line of Wilder's DMI ADX line, it is still curling down and not up to form a trend yet so one would argue that it would be a sideway market for now. Your observation was also good. Please alert us if you see things otherwise, thanks.

2bit

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