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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 691.72-0.1%Jan 16 4:00 PM EST
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To: chartseer who wrote (50431)5/19/2013 11:09:26 AM
From: Seismo  Read Replies (1) of 221927
 
I looked at the SPX data going back to 1975 and while the SPX is at an extreme at 12.8% above the 200 DMA, it has gotten as high as 20% above the 200 DMA a few times. We may or may not be in one of those few times. Probability says no. The Fed might say yes.
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