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TW Member
Posts: 8,877
Reply with quote  #1 
continued from this prior series of SPX charts -

December 2, 2011 closing-basis chart update -

SPX monthly closes chart since 2004 with Carl Swenlin's 6 and 10-month ema's 

* converging moving averages as of December 2, 2011 

* the moving averages currently converge near the $1251 major horizontal value shown as a green dashed line on the chart, and which is derived from what is easily seen to be one of the most common daily close values for the SPX index since the year 1998 

Attached Images
Name: SPX_monthly_since_2004_-_Dec_2,_2011_close.png, Views: 85, Size: 71.03 KB


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