Ignoring all the extracurricular activity, price has bounced off the 50 day moving average as expected in the SPX and COMPQ. Volume is suspect, but lower on the pullback.
Charts courtesy of Stockcharts.com
Tags: Nasdaq Charts · Standard and Poor's 500 (S&P500)7 Comments
7 responses so far ↓
What’s it? No fancy fans? No complex astro cycles?
Just 50DMA? I’m disappointed! ;-))
Sorry… I don’t do astro stuff… but I did read somewhere that Venus is in retrograde… or something like that… not saying that stuff doesn’t work but there are only so many hours in the day… I can’t keep track of my car keys… how the hell am I supposed to know where Venus is?
Dude, It’s Mercury Retrograde
Well ok then… Mercury it is.
looks like Ford, but they call it Mercury
andy, he’s a Ray Merriman dude!,,,,, not saying Ray is bad, he calls a mean market thru the stars OOOOOOOOOOHhhhhhhhh, and funny as it may seem, he is also a gann and elliot man, but the moon, venus, and mercury, are his specialties, he is an excellent man on commodities , gold and silver…. Dude! May the Fork Master be with you…LOL!
Keep me informed off the astro stuff. Especially, big rocks heading for my house…