Sunday, January 16, 2011

SPX 500 Long term View...

SPX 500 remains in a bull market condition

CAUTION:

-tick at extremely high levels
-expect moderating move down to red trend line
-NYSE approaching upper limit Bollinger 20 - 4 - 4











charts: http://www.stocktiming.com/

SPX 500 action:

-C-RSI negative divergent
-liquidity inflows remain high

CAUTION:

-the greater the differential disparity between the negative strength divergence and the level of Liquidity before Liquidity starts to drop, the harder the market drops







charts: http://www.stocktiming.com/


Kind Regards

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