S&P500 MACD
Posted By Barry Ritholtz On January 19, 2010 @ 11:30 am In Markets | Comments Disabled
Ron Griess of The Chart Store [1] brings us this chart showing the quandry traders face when it comes to playing the rally at this late date.
Up 70% from the lows, the question is: Mere consolidation (like 2003), or end of the run?
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[2]
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2010/01/sp500-macd/
URLs in this post:
[1] The Chart Store: http://www.thechartstore.com/
[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/01/1-15-10-Weekly-SP-w-MACD.gif
Click here to print.