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Replies to #5550 on chART Analysis

MaryKateAustin

08/18/10 12:12 AM

#5551 RE: downsideup #5550

I Don't believe in #13 being an ominous omen, but the Hindenburg sign is shown on the $INDU Chart, with the top Head and shoulder pattern, Especially with the last three pull backs having lower lows.... see the 28 year Monthly chart posted eairlier, and $SPX Monthly posted in the sticky notes.... also check out the long term Monthly Charts for $COMPQ and $RUT, these two do not have lower lows with the pull backs like $INDU and $SPX.

Below is a different view of the $RUT and $COMPQ charts.