S&P 500 Chart – Is The Consolidation Over?

I charted the S&P 500 index ($SPX) after the markets closed on Friday January 8, 2010 when it finished the week at 1,144.98. 

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Read more on S&P 500 (SPX) at Wikinvest


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2 Comments

  1. Comment by Doctor Stock

    Interesting… felt like I was reading a confession :) Anyway, when you said, “I’ve been expecting a decent sized dip for the index for months, but we’ve only seen small movements that keep inching higher week after week” it reminded me of the importance of knowing the trend and using it to your advantage. When the trend breaks… don’t hang on!

  2. Comment by Alex Fotopoulos

    LOL – Yes, definately a confession to my mistake of being under invested for too long.

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