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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (92911)6/29/2011 5:10:40 PM
From: Fiscally Conservative  Read Replies (2) | Respond to of 94695
 
The Bull has definitely turned up here. The rally is in full swing. The stealth rally that is, lol.



To: William H Huebl who wrote (92911)6/30/2011 7:17:23 AM
From: shoreco  Read Replies (1) | Respond to of 94695
 
I think the daily charts have corrected from the over sold conditions of the past weeks. The weekly charts have also had time to reset their indicators.

SPX daily
stockcharts.com

SPX weekly
stockcharts.com

Another interesting "similarity" I see in the VIX and the VXN from the end of February into the March low.

VIX
stockcharts.com

VXN
stockcharts.com

I would not be surprised to see new lows on all the indices over the next few weeks...

Happy 4th