![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEizoHu45UJFmM03PKUzNC8GNaZAMuli_t67oFqrOMAG8YjD7xjZ5qH_QQN0NNXRWeHBOYNJO7Eu8Q_o1qI2zE4_MC2d573mCW3gAAoBHwIdFWNKiII6jo4j5UZ77gnnMHd2MhcE0O_ADK0/s320/$spx_trendline_06_08_08.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhqlfIF19tD6UUKoP8yq1QRTKGfibPRybpuIEhnGhLIfAfhthfa2i9EcCLhsIsYjZeXM1QYOn14gNrRgjHGAgj_A6IyU6hJLmMzaJiIgOQ-2G4CtqIGZfUS4m-sCC9cBVOS6r3w5XR_FlM/s320/$NDX_trendline_06_08_08.jpg)
As you can see the markets have done what I said they would do, which is chop around without much progress...I haven't posted these charts for a few days because they're so boring right now...That will change however...
Thought I would add that we will lose steam on this rally, but it's probably a couple of weeks away. Not that it has that much steam now, mind you...
1 comment:
Thanks Mark, these charts aren't boring they help to point to potential levels of chops coming.
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