Following on from Volt's time and price....
For the SPX: according to my chart data, from high of October 2007 to low of March this year is 511 days.
It has now retraced 50% in time, and 9 points off 50% in price. The upper resistance line has been pierced with a close above it.
Indicators (second chart) continue to show negative divergence... but what the hell... new highs are new highs and if we went by that we would have stopped trading in March.
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Last
8,583.1 |
Change
-14.600(0.17%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,597.5 | 8,623.6 | 8,543.2 |
| XJO (ASX) Chart |