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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,101.03
(
-2.06%
)
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northam43

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northam43

Re: None

Thursday, 05/20/2010 12:38:17 PM

Thursday, May 20, 2010 12:38:17 PM

Post# of 2827
SPX Monthly EMA 3/8 ALERT:

The SPX monthly EMA 3/8 is now on my radar screen. The current gap is 20 points.

The current EMA 3 price is 1119.88. The EMA 8 is at 1100.13.

There is 7 more trading days (not counting today) left in this month. So at this point the chances of a bearish crossing is high.

I will post daily updates either until the crossing is made or the risk level is diminished.

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


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