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Strategies & Market Trends : Waiting for the big Kahuna

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To: bobby beara who wrote (29452)9/30/1998 1:18:00 AM
From: Moominoid  Read Replies (1) of 94695
 
21 day SPX MA started rising for first time since the peak in July and the 13dma is about to cross the 34dma. Often that's a bullish sign I find.

Alternatively this SPX chart looks to me a lot like Chase last Fall in which case this rally fails at this point more or less.

David
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