SPX 4 hour falling wedge now looks like a continuation pattern (so bearish)
SPX bearish daily & weekly charts are too strong for reliable counter trend
SPX 4 hour chart possible falling wedge (bullish) should result in
good short cover rally.
Yep USDX daily chart is very overbought & it’s time for a dollar
retracement which should be stock bullish.
USDX daily is now very overbought.
SPX daily chart downtrend strengthens and overdue USDX rally
The big picture Wile E. Coyote market top.
SPX Monthly April 4 2012