Update. "What Is wrong With This Chart" (SPY)
|daily spx current|
Back on November 5th i posted a SPX chart showing a pierced upper bollinger band hinting at a pullback. The chart to the left is the updated chart showing the S&Ps back in their channel. Trading the bands is what they call this. The chart below the fold is the original chart.
|daily spx from Nov 5th|