Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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November 5, 2009 See a Pattern?

Here's the S&P 500. I think I can make out a pattern of four rising humpy things. I have no idea what it means, but there you go.

image868.png

If the current humpy thing doesn't pass the last humpy thing, then that probably won't be good*. Unless of course, there's a new and higher humpy thing. Bottom line: It remains to be seen.

* This how all technical analysis sounds to me.

Posted by edelfenbein at November 5, 2009 2:01 PM

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