It looks like the SPX has broken out of the Egg and may get a bounce up from an "internal trendline".
This chart first submitted by Cometo
$SPX - Weekly OHLC Bars: "
via StockCharts.com
"
Sunday, May 22, 2011
Egg of Doom Revisited
The Egg of Doom was a real crowd pleaser a month or so back. Lets see how the Egg and various trendlines have developed since then.
It looks like the SPX has broken out of the Egg and may get a bounce up from an "internal trendline".
This chart first submitted by Cometo
$SPX - Weekly OHLC Bars: "
via StockCharts.com
"
It looks like the SPX has broken out of the Egg and may get a bounce up from an "internal trendline".
This chart first submitted by Cometo
$SPX - Weekly OHLC Bars: "
via StockCharts.com
"
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Insightful and Useful Comment!