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Deja Vu All Over Again

This is a syndicated repost published with the permission of Lee Wheeler On The Mark. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

SPX continues to paint a very similar uptrend chop to last year.
The amplitude of the swings is pretty much the same. Last year’s pattern lasted nearly five months before it cratered, from mid-Dec to early May. The first stop on the decline was 1245, the level of the first low of the pattern from Jan06.
Not […]

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