Technical Analysis Todays S&P 500 Compared to 1938-39 Dow

[msonehundred]

I guess that astrology didnt work S&P 1113 high today

[attitude928]

Up & down legs in 1938-42 were all low volume

[3dbeing]

i agree with what you are saying with one caveat, this is actually the second bounce, you noticed in the 38 chart, there was a dip, then the big move, we never had that first dip, gov't stepped in, made sure it didn't happen, so IMO, we are in the second bounce now, and will only stall at the lower trend line, unless, of course, gov't steps in again...good luck...

[simmi196]

I'm pretty sure, that he said he was just looking at similar patterns in price, i would like to know if he thinks we can push up, but you need to trade the charts, and not what you think!

[pfowler20]

there is not enough volume to keep going up, as far as i can see, the 14th of august is a big astological date for a possible crash.