jmboyer1

S&P (SPX) Long Term Channel (Arithmetic)

INDEX:SPX   S&P 500 Index
223 0 2
Ok, here's my 1st published chart....shows long-term channel from 1982 at bottom to 2000 top, 2009             bottom to what (judging from channels), a March 2014 top (assuming it has spike like in 2000....if not, might be a bit lower (like top in 2007). Anyway, the end is near, presumably!

NOTE (Feb 19, 2014): This chart is holding up pretty well so far.... S&P             keeps getting rejected at upper trendline ....so far. Time/price/volume will ultimately tell the tale, however.
NOTE (31MAR14): S&P 500             butting up against long-term trendline ...and is actually above both trendlines , assuming drawn correctly. Time will tell/resolve this soon, as these trendlines shouldn't be take lightly.
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