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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: LTK0073/22/2010 5:09:49 PM
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SPX-Chart Weekly: remains BULLISH: this chart was drawn 11/17/2009.
i the was looking for a top in the 1150 at that time but as the chart evolved a challenge to the double greenline(1260 area is now the odds on favorite--i think looking at the RSI and Ultimate Oscillator levels key--- RSI breaking to 70 with UO getting everestian, would be a time to watch intently for a top.
As i do not do quick one or 2 days/ day trading, there is NOWAY i short this market based on this chart.


imo ONLY Max
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