Thursday, March 25, 2010

SPX's Volume Spiked Dramatically Today 3-25-10


SPX's (S & P 500, http://bit.ly/i0nsT) volume spiked dramatically today 3-25-10, to 4.766 billion shares vs 3.820 billion shares yesterday/on 3-24 vs the 60 day EMA (Exponential Moving Average) at 3.913 billion shares, see http://bit.ly/i0nsT, which jives with an important cycle high possibly occurring today, since dramatic volume spikes tend to confirm/coincide closely with important price spikes/inverse spikes (cycle highs/lows).

The SPX (S & P 500, http://bit.ly/i0nsT) Minor Intermediate Term Upcycle since 2-5-10 (looks like an important final Wave 5 move), and, possibly also the SPX (S & P 500,http://bit.ly/i0nsT) Major Upcycle since 3-6-09, appears to have possibly peaked.

No comments:

Post a Comment