Sunday, February 20, 2011

SPX Daily Overbot Rising Wedge Negative Divergence

SPX daily chart, an update from a few days ago. Same ole, same ole, sectors, indexes, they all have a similar look. Price keeps moving up with the QE2 orgy. Overbot, rising wedge, negative divergence. SPX is dead, someone simply needs to tap it on the shoulder and tell it to sit down already. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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