TA indicates time to sell

Attached is the s&p 500 chart.
50 sma recently crossed below the 200 sma.
Looks like 50 sma has been acting as resistance.
MACD also recently indicated a sell.
Also, going down on increasing volume, lately.

Happy New Year!?

 

very nice delayed analysis
i think I can make a lot of money with it on monday....

 

i.e., you'll be buying?

 

are we looking at the same thing? it looks like going down on decreasing vol to me.

full pic from attatchment of http://www.elitetrader.com/vb/showthread.php?s=&postid=1735666#post1735666

 

stockcharts.com shows increasing volume the last few days ($SPX daily chart). maybe you're looking at ES volume?