![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgaqkME1vigBtEmjk_kv4O73egsPrPq9Q_PRJD3KSojoMulJ7o1rG1BhMaKhPtc39LIy9hIFXlH75JWrVi_CDKWu6Ij6bTGfeRRJ0fnI6Kyv3KAII05aPr0fi3r15AJfyY29oNU44u4k4GO/s320/$SPX_trendline_11_08_09a.png)
The market has been hanging for about a week, so the exponential charts showed nothing. Now they're starting to move, which gives us something to look at....
Here's a preview of the $SPX, you can see the .500 node (actual, .50677) and the failure at the red downsloping trendline, which is what I thought might happen...The error here is .50677/.50000 which is 1.01354, or a 1.354% error. Not as good as I thought earlier, but clearly still pretty close....
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