BullBear Trading: Stock and Financial Market Technical Analysis

$SPX shorter term Exponential trendlines


This chart is one of the sources for my call yesterday that the market might falter here...You can see which trendline has held so far, it's highlighted. These trendlines are generated from the start and end points of the October 2007 through March 2009 decline...this is a shorter term basis then some of the other ones I've published here. They can be violated, but I give them the benefit of the doubt until they are.

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Comment by Mark Lytle on October 7, 2009 at 12:13pm


This is here for completeness, longer term, based on the 2002-2003 bottoms and the 2007 top...

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