It appears that just peeking over the applicable trendline can not be called a “trendline break”. If you calculate the “C-Y” trendline on the Intermediate price pulse chart, it was at 1367.08 yesterday. The high on the cash S&P500 was 1367.94 but I think we would all agree that the ”C-Y” trendline, in combination with the intermediate term moving average, turned the rally back yesterday. I will look at the new weekly chart over the weekend.
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