Replies to post #232 on Chart Ideas

[rimshot]

SPX 60min chart using Jae Yu's moving average chart setup as described
in his book, Secrets of the Underground Trader

http://undergroundtrader.com/

(the displaced 3 ema, and the 5, 15, and 200sma's are Jae's MA setup)

* today's $1363.63 intraday high, so far, is marked with a blue dashed line

* moving averages have trended up with the price action, and pullbacks
have been contained in an "organized" manner as price has trended up

* the 100-period moving average, shown by itself in the lower portion of the chart, now resides at a new high since Sept. 2010

monthly and weekly SPX charts shown below this 60min chart



SPX monthly with Jae's setup -



SPX weekly with Jae's setup -