Many indexes are close to testing their highs of April 9th. Here is what they look like logarithmically from the October 2007 tops. You can see price has slightly exceeded trendlines on two of the charts (middle and right) and is approaching another one (left one). Also .5000 node on this scale, will hit tomorrow(chart on right). This is a bearish chartset..Next post we'll look at indicators, for possible confirmation...
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