Confirmation pivot point is in place today

Discussion in 'Technical Analysis' started by Pekelo, May 2, 2007.

  1. Pekelo

    Pekelo

    Some things just never change...

    Today both the SPX and the NDX got their confirmation top pivot points, the turning point was 3 trading days ago.

    Oh yes, we also have an RSI divergence. Thus the direction should be obvious....

    Thanks Jesse....
     
  2. Pekelo

    Pekelo

    Oh, the chart...

    [​IMG]