Thanks, macnsc. Good chart that combines several of the things
I've learned here at BPT. Immediately, one of the differences that
jumps out at me between this Bear Market and the last is the action
in the Aroon indicators. It actually turns me more bullish as the
cross above zero and the positive cross in the Aroon during the
2000 - 2003 bear market didn't occur until the markets were turning
up. They crossed up a few months ago and until they cross back
down, are we still in some kind of uptrend? Thanks again.
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Aroon and monthly charts.....
the monthly spx chart is instructive
Posted by bbaz1 on 19th of Nov 2009 at 12:17 pm
Thanks, macnsc. Good chart that combines several of the things I've learned here at BPT. Immediately, one of the differences that jumps out at me between this Bear Market and the last is the action in the Aroon indicators. It actually turns me more bullish as the cross above zero and the positive cross in the Aroon during the 2000 - 2003 bear market didn't occur until the markets were turning up. They crossed up a few months ago and until they cross back down, are we still in some kind of uptrend? Thanks again.