This chart of the SP 500 clearly shows that the market is tired and has begun to roll over. The bottom part of chart shows an MACD crossover (when black line crosses below red line it is a sell signal. Keep an eye on the 50 day and 200 day moving averages, if the market falls below them (especially the 200 day) a large sell-off will most likely occur.-LouTuesday, June 16, 2009
Chart Of The Day
This chart of the SP 500 clearly shows that the market is tired and has begun to roll over. The bottom part of chart shows an MACD crossover (when black line crosses below red line it is a sell signal. Keep an eye on the 50 day and 200 day moving averages, if the market falls below them (especially the 200 day) a large sell-off will most likely occur.-Lou
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