Threee month trendline broken…

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p22775897357&a=266398464 The trendline from October was broken today.  It never does to ignore a broken trendline.  If confirmed and there is follow through serious consequences may be in store.  And…

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Pivot on a pfennig…maybe

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=6&dy=0&id=p45656388815&a=266398464 After quite some contemplation and analysis we concluded that  the down wave is over -- for the moment at least.  How long "over" lasts is now the question.  Could…

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