![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjLTODEybs7t7Ee3X0VWD7KQyO4vjdYUL8iw1tsdPkBdDnF-gqxeba53z0aDA3Y1-fwR7Dtyvs6SufKnLF2K1G1yPzIl3ZzLuEowuXhxgpLQ2iYz1LdNcZHE2DIQEPi1Hx-pyriM7HYTRI/s320/$SPX_trendline_02_08_08.gif)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhVnsNKN3EAlYfeXk97wjshqpUj7kG7Y_d3BdWcfVMtaanJ4DRSY3jmOm_RAtHCUH1IicVNTJk8bQKq-ZM2_GYiva81lfzhNH6bPOI8eQVGpdJ4VK_wdKMnc6MIAnmdH2UlHM8FSRUVZzw/s320/$NDX_trendline_02_08_08.gif)
The $SPX looks like it might be making a rounded top just under the thick blue declining trendline. The $NDX is pretty clearly going down, (which started in the approximate time frame where the blue and violet lines crossed, as predicted) but in a volatile fashion.
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