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techcharter

11/11/11 4:56 PM

#46336 RE: techcharter #46329

October Rally STILL Going?

If so, it counts as a double zigzag. Presently in zag of Zag. Stochastics and RSI are poised to issue a bearish divergence as another couple days make a new rally high, while the tops of these indicators make a declining trend. Up days are on lower volume with respect to down days.

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p63681671564