SPX has topped, 1320 next!

Discussion in 'Technical Analysis' started by onlytronalso, Nov 11, 2006.

  1. onlytronalso

    onlytronalso

    After a nice multi-month advance, 170 points, the SPX looks to be running out of upside momentum.
    It may continue to churn for a few more days, but the upside looks limited.
    A correction is due ... before the bull market resumes. SPX 1320
     
    #1     Nov 11, 2006
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  2. onlytronalso

    onlytronalso

    Attached is a chart from my favorite website that clearly says it all
     
    #2     Nov 13, 2006
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