Volt, by your chart one would have to say "yes," lower as history is against us.
What are your own thoughts on beating the odds?
Here's a plain-Jane SPX snapshot which merely says it's overbought, with some negative divergence in a couple of indicators.
You can see the blatant negative divergence on the DJIA chart.
weekend ponderings, page-4
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Last
7,999.3 |
Change
-18.300(0.23%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,017.6 | 8,018.0 | 7,996.9 |
| XJO (ASX) Chart |