Doubel top on the S&P 500?

Discussion in 'Trading' started by simon1080, Aug 27, 2008.

  1. Sure as heck looks like it.

    Going back to 1995.^GSPC#chart4:symbol=^gspc;range=my;indicator=sma(20,50,200)+volume+stochasticslow;charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

    If that was a single equities chart.. id say its going down down down!!

    whats going on here..
  2. bbqbbq


  3. bullish for now, well prolly move to all time highs again inexplicably with all this bad news.

    then in 5 years when every1 thinks this is all over and we made it, dow at 20,000, shanghai at 10,000 well be at the top of that inflation adjusted channel as the dollar may still be weak and well prolly crash down to the bottom of the channel and have another depression.

    as we all know the market likes to throw curveballs and i think this is a likely route.