On the $SPX we are not yet real close to a .500 node nor are we at or near a trendline, nor are there any trendline crossovers. There is perfect correspondence between the .500 node pictured here (that's coming up, down the road a bit) and the Bradley turn date on 7/15/09. All of that fits real well, but we have tops forming on precious metals and the $NDX and a bottom, probably, in the $dollar. So, we have to guess if the $SPX is just the odd man out, or if the other charts here dominate. Your guess here, is as good as mine.
I check your blog everyday. Thank you so much for your work!
ReplyDeleteThanks Jill,
ReplyDeleteI try to put something out here at least twice a week, more often if something looks ready to change...
Appreciate the interest,...
Mark Lytle