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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: bart13 who wrote (65641)5/19/2007 2:45:14 PM
From: LTK007  Read Replies (1) of 116555
 
Well except for the anomaly of 5 tradings day commencing on 2/27 the pattern since rally began moving up in Mid-July, was market got major suppotr at SPX just at breaking orsimply near touching 20ema on a down action.
And NDX the same, but the line was the 50ema.
Except the five trading days that started with 2/27/07 , this has been the pattern.
As for the recovery from that 5-day "glitch", Alan Newman refered to it as "miraculous":) Max
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