Wednesday, December 23, 2009

Weekly $SPX

If we can get $SPX to come back to around 1105-1110ish that would take some of the edge off of RSI's rise and still allow for a strong bearish read of the charts. In the chart below I copied and pulled up the RSI and tweaked it to reflect how it would look if we can get a lower close tomorrow to finish off the weekly bar...


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