XJO 0.18% 8,300.2 s&p/asx 200

new thread tuesday, page-103

  1. 2,810 Posts.
    Hi all

    Sorry to join in but I read your posts and want to contribute sometimes.

    The current hot pants have a little pockets for a phone. Look great.

    My recall is of colour tv. We had one when most shows were in b/w.
    Dad use to say that we will hang tv's like pictures on walls. Now he is the
    king of ipods.

    Since we are comparing the 70's a few ichimoku charts of the S&P500.
    Price dropped through cloud (gap between blue and green lines)
    Retraced to kiss green and then down only to sometimes kiss red drop
    for 2 years.




    Next is 1987
    Quick drop through cloud to retrace to green and was supported by blue.



    In 2001 price dropped though cloud and didn't touch green for over 2 years.



    Currently we have been below the cloud for over a year.
    The overall trend is very bear and a retrace to red is under way.
    What will it do on reaching red? Currently red is angled down and a kiss
    from price would send price down. Over the coming weeks I will be watching for the red line to go flat and attract price.



    Good trading and thanks for the thread

 
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