Stock Market Analysis Of S&P 500 For July 26 2010

[Mustafoinc]

Very very nice. Thanks.

[wizardofounce]

Possible cup and handle forming in the dollar charts going back to Mar 09.

If the dollar firms up and heads back to the 87-88 range...well I think we can all figure out which way the S&P will be going.

[rpur441044]

Run your top trend line off the may high across the top june high.

[StockTradingMaster]

@rpur441044 That ain't gonna happen my friend. You missed the drama video I posted several weeks ago about technical analysts who cheat by changing their trend lines. I don't change my trend lines. If I'm wrong, I admit I'm wrong but I don't go and back date my trend lines. Now, with that said, where I drew the trend line has more points of contact than the June high, count them. Also, I'm delightfully pleased that my original trend line perfectly incorporates the breakout retrace and bounce.

[soonermurph]

Thanks for the info!