Trade the Cycles

Thursday, January 07, 2010

The Five Day SPX vs Lead Indicator Walmart (WMT) Chart Is Extremely Bearish

The five day SPX vs Lead Indicator Walmart (WMT) chart http://bit.ly/4t6GS9 is extremely bearish, since WMT's leading to the downside by -2.00% to -3.99%.

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SPX's (S & P 500, http://bit.ly/i0nsT) Monthly Upcycle since 12-9-09 is peaking, see the daily candlestick chart at http://bit.ly/i0nsT

SPX (S & P 500, http://bit.ly/i0nsT) has an Elliott Wave up down up down up pattern since 11-2-09 (Wave 1 peaked in early November with a spike, Wave 3 peaked early December with a spike, and, Wave 5's peaking NOW) and 12-9-09, see the daily candlestick chart at http://bit.ly/i0nsT


.......http://www.JoeFRocks.com/

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