OnLine Cycle Analyst's Seminar - Trend and Price Swings- 5
Viewing
Instructions:
Click on the Real Media Audio link below to begin; click Next to go to next chart.
Before clicking on the audio link, allow the chart to fully load. If the
charts do not download completely, right mouse click and choose "refresh". |
S&P MONTHLY
Note, the S&P charts are not displayable.
The trend
for the stock market is set by the direction of the 4-year cycle, which
recently bottomed in October of this year. Previous lows of 1982, 87,
90 and 94 are shown. Since 1960 every 4-year cycle bottom has had a drop
in the long-term RSI indicator below 20, except the current cycle bottom
which indicates something may be changing.
The monthly
swings in this market have had generally higher highs and higher lows
since 1982 with a tendency to drop below a swing low to make a 4-year
cycle bottom as did occur in the decline into the October low.
| Sorry, chart is damaged.. |
|
