Friday, May 21, 2010

SPX Still Has A Bearish Downtrend On The Five Day Chart


SPX (S & P 500, http://bit.ly/i0nsT) Still Has A Bearish Downtrend On The Five Day Chart, see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=v&a=fs,w14&c=. SPX may take out today's very early 1055.90 cycle low soon. Note that SPX bounced very soon after the 1056.74 downside gap got filled very early today.

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