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the long term trading (which is a tool used for
position trades of 1-4 weeks),
suggests that the top should come at
1571.71 cash(weekly reading),
the daily long term trading is the attached
chart(daily reading),
,
the blue line (that is marked close on the
chart) is the combined momentum of the sp500 cash,
it shows a bearish divergence and, suggests a max
upside of 10-15 sp points
(which coincide with weekly that suggests top at
about 1577.71)
the top line on the chart is the normal roof move
on the sp500 cash
the lower line is the place to get long for a 1 to
4 week move
Ben
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