Make It or Break It $SPX $SPY

August 29, 2012

Both haDelta and its SMA(3) are negative and ready to cross in the proximity of zero.

As experineced in the past, this scenario can generate a strong trend.

For a better picture, let’s go to the weekly time frame (see second chart below).

 

Make It or Break It   $SPX $SPY   8/28/2012

 

Although the week is not over, we notice a slowdown of the long uptrend. Warning.

 

Make It or Break It   $SPX $SPY   8/28/2012

 

 

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