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S&P 500
5,071.63
(
0.02%
)
US TECH 100
16,878.00
(
-0.73%
)
Dow Jones
38,460.92
(
-0.11%
)
Brent Oil
87.22
(
-0.39%
)
Bitcoin
64,032.97
(
-3.58%
)
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northam43

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northam43

Re: JLS post# 2773

Thursday, 05/20/2010 5:48:48 PM

Thursday, May 20, 2010 5:48:48 PM

Post# of 2827
JLS - Very good info. Thanks.

Right now on the SPX Daily the 320dsma is at 1014. That fits right in with my projection. I notice in July 1996 on the SPX it did not go all the way to the 320dsma but was pretty close.

Now if it breaks the 320dsma that could signal a new bear market. But the monthly EMA 3/8 would have already confirmed that.

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


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