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Strategies & Market Trends : Charts & Scans

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To: TWICK who wrote (4939)4/6/2008 1:50:39 PM
From: TWICK   of 5125
 
Update to last month's SPX drawing. If it breaks down here, possibly adding more confirmation to my double top thought I had last month. I also included a 1 year zoom of the second circle in the 10 year, which to me... and I could be totally wrong here... is showing me an ugly wedge. This is looking yucky. We need a few higher bottom bounces in the mid 1300 range with higher tops and eventual brake through the top above the wedge.

But I could be totally wrong. I'm just drawing after all.



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