yotta's chaotic, disordered, confused thursday, page-6

I'm trying to find order in the chaos...the SPX monthly looks a bit interesting. here it is with just a 200 month ema. Note how that ma was support for the triple bottom in 2002/2003 with a perfect touch at THE low in October 2002. It was also support for the 2010 july low.....

In 2008 the SPX went straight through the ma like a packet of prunes BUT it did come back to test the underside of the ma in between the October and November 2008 panic lows.

So unless fundamentals suddenly get a whole lot worse that seems like a good place for us to eventually find a low...about SPX 1040...ish....