Friday, October 30, 2009

More Reversals

Last week, I posted a number of potential reversals. It appears that not only have those reversals been confirmed, but new, potentially ominous reversals have occurred. Like this one in the monthly SPX:

Or how about the Transports:


Tech bellweather Microsoft:

Market and tech leader Apple on a MONTHLY chart:


as well as the weekly timeframe:


and even one of the markets biggest leaders of late, Amazon:



and the daily view of Amazon:

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