Tuesday, May 12, 2009

SP Trend till today


Red on the price: Our Trend Line
Red below: Slope of our trend line
Blue straight Line below: zero slope line

We can see, because of these two days drop, the slope of our trend line is closer to 0 than before. But whether it is going to cross zero, we still need to see. (we normally enter up trend when slope cross above zero, and we normally have down trend when slope cross below zero)

So till now we are still in the up trend and it is possible we go to ossilation and down trend in the near future.

1 comment:

  1. Thank Swinger for the great chart. Please keep us updated. Really good stuff.

    ReplyDelete