User: Professor Doomfinger: Large Caps: slopechart_$SPX.jpg

slopechart_$SPX.jpg

The last 12 trading days of mischief in the S&P 500 Index are highlighted within the purple oval. I find it interesting that the red trendline seems to act as a strange attractor for a good number of these days. 
The red trendline begins on March 6, 2009 at the infamous 666.79 level. 
666 - Should it scare me? 
79 - The Atomic Number for Gold. 
Which story should I buy? 

The green trendline is a guess for now.

Image added via SlopeCharts
slopechart_$SPX.jpg

Comments

No comments yet.

...