What Do the Last 4 Tops in the S&P Have in Common?

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St Louis 03 So what does the last four tops in the S&P 500 have in common?  If you look closely at the chart below, you will notice that the RSI(14) indicator for the % of stocks above the 50-day moving average was on the cusp of breaking below the 50% mark (click to enlarge).

 

S&P_Stocks50ma_Jan7,2011

So where is the RSI(14) indicator now??

Cheers …. Leaf_West

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