On the $SPX the highlighted green trendline will be at 1074.72 and for the $NDX the highlighted orange trendline will be at 1727.02. Both trendlines will normally be exceeded slightly before they will stop the advance. If they are exceeded by too much, then obviously something different is happening, and the markets have apparently not really topped...
4 comments:
Mark: Both $SPX and $NDX are not too far away - $SPX 8+ and $NDX - 6+.
I do see the potential H & S you point out.
I'm not experienced enough to see them, until someone points out. You are the first I have read so far.
The bigger abc up on the djia has not completed itself.
Mark: Clickcharts - pain in the ...
Doesn't give up to-date Trend readings at times!!!
It appears that one can get it to give up to-date, by selecting Trend as the second Indicator, also. Then Go.
Then it does update the first Trend.
Have you experienced not giving up to-date?
Hi Bill,
I just noticed the same thing as you, and I think I should notify them this is happening...perhaps they don't know this, although that's quite sloppy...
Regards,
Mark L.
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