The Most Heavily Weighted Component of SPX (http://stockcharts.com/freecharts/gallery.html?s=spx) Might Have Peaked (XOM/Exxon Mobil is about 3.81% of SPX as of 2-9-11), see http://stockcharts.com/freecharts/gallery.html?s=xom. Note the recent two day major volume spike, which jives with a potentially important cycle high occurring; volume confirming price action.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment