The S&P 500 ($SPX.X) started last year with a blink by dipping below its few months of an upward trend. That dip shows on my weekly price chart for the past three years of SPX. That blink turned into a tick that kept coming back throughout the past year. Finally, when we feel like shutting…
Tag: $SPX
S&P 500 Chart – June 27, 2008
Last week I charted the Dow Jones and said the break of the trend line was a bearish indicator. The only hope would be that the $DJI didn’t stay below that line the following two days. Instead, the $DJI edged lower and we ended up with a horrible Thursday well below that line. I’ve made…