Observe, Learn, Act

To share and learn trading ideas on stocks, options, futures, warrants, forex, etc ... Mainly dedicated in analyzing Tech

Friday, December 19, 2008

S&P500 (SPX) & Crude Futures

This is the chart for crude futures continous contract since the price peak in the summer ..., who would guess it has dropped nearly 70%?  Notice the MACD/PPO has never go back above water, price had few attempts to get back to up but never reach the red 50EMA.










Next is the S&P500 benchmark index for U.S. Equities, since the end of 2007 beginning of recession.  Are we sure we are going back up?  MACD/PPO is yet to reach zero.  ATR is still high but it is slowing coming down.  It seems to go side way for a little while before moving up.





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