01/08/2012

DOW and SP500 monthly 1992 - August 1, 2012. DOW above chart.


Here you see the main differences since 1992. From the all time high top 2007 until now these two indexes have performed more or less the same.The big question is if we they are going to test this high or top out and fall from here. DOW and SP500 both are in uptrends with the 8 and 21 MA rising. Look at the charts and see how these MA's have behaved since 1992. A bear market has always started with the 8 MA turning down and crossed the 21 MA. The immediate question is if the top to the left of today's price will be to high to take and that we are already starting to turn around.

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