OnLine Cycle Analyst's Seminar - Trend and Price Swings- 7

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 DAILY
Note, the S&P charts are not displayable.

Monday's dropped below a swing low to form a swing reversal, and Friday took out the previous day's high to form a swing bottom that may be a contracted 20-day trading cycle bottom. Friday was also a setup bar for the 10-bar double stoch and a rise above it would confirm the swing low as the trading cycle bottom.