Found this old chart, was surprised to see that SPX bounced near the weekly MA 75 yesterday. Two scenarios likely: either a clean bounce or otherwise a slightly lower low in the the next two weeks. The dip in 2011 broke the MA at a first go. Of course this could happen tomorrow - it's a weekly chart - but so far I'm not in the bearish camp.
Last edited by uempel on Thu Oct 16, 2014 2:34 pm, edited 1 time in total.
uempel wrote:Found this old chart, was surprised to see that SPX bounced near the weekly MA 75 yesterday. Two scenarios likely: either a clean bounce or otherwise a slightly lower low in the the next two weeks. The dip in 2011 broke the MA at a first go. Of course this could happen tomorrow - it's a weekly chart - but so far I'm not in the bearish camp.
nice chart boss
General Bonkers and I are perplexed; seeing all those p-bars on our platform has thrown us off our game
gen bonkers.png (172.68 KiB) Viewed 4880 times
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
MrMiyagi wrote: It's like the daughter that goes into the porn business.
Link please.
u guys are hysterical
I luv it when all the sour-pusses leave and there’s only comedians left on board
[A rabbi, a priest, and a ho walk into a p-bar full of chickens]
Last edited by Al_Dente on Thu Oct 16, 2014 2:52 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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