Re: [RT] SP-500 5-Minute Chart Reversal

["Ron Cernokus" <roncer@xxxxxxxxxxxxx>]

Thanks Pete.  I liked the 5 min. lines.

 

Ron

 

----- Original Message -----

From: Pete Lieber

To: realtraders@xxxxxxxxxxxxxxx

Sent: Monday, October 27, 2008 2:59 PM

Subject: [RT] SP-500 5-Minute Chart Reversal

The S&P rallied to a Friday intermediate high and failed.

The S&P has pretty religiously adhered to 22.5 degree downtrend lines (see attached chart)

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