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S&P 500
7,610.89
(
0.14%
)
US TECH 100
29,760.40
(
0.17%
)
Dow Jones
51,110.23
(
0.06%
)
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(
-1.90%
)
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northam43

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northam43

Re: northam43 post# 2281

Tuesday, 03/02/2010 10:31:31 AM

Tuesday, March 02, 2010 10:31:31 AM

Post# of 2827
As I stated a few days ago:

"On the SPX weekly chart if you look at the MACD (12,26,9) it has been bearish for quit awhile. The last time it was in it's current position, a LT Bull Rally followed."

It is still on the Bearish side and the gap is still large but narrowing. If it eventually makes a bullish crossing. I expect SPX 1200 will follow.


JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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