May 05, 2014
– Comments (8)
update of the usual figure displaying the S&P 500 index (see this post).
Ahhh, nice chart, but do we bounce along the top or bounce out the bottom.....mmmmm.....?? :)
Overall, that channel holds. Thanks for the update!
Also see this chart I posted in comment #52 of this post. Breaking out to the upside would not be all that surprising.
The only chart that mattered since 2009. This chart and Macke's "crayon" call on oil in 2008.
That old wall of worry.
My call stands: we see 1920, then we don't see 2000 before we see 1500.
#zzporte top40 positions.
#zzporte might be "bottoming".