Alert from ChartsEdge:
SPX and NDX update corrected
Monday, March 23, 2009 2:54 PM
From:
"Chartsedge"
Re: Charts for week of March 23th, 2009
Since there appears to be a discrepancy between the weekly and daily posts, I thought it might be good to bring this to your attention. I only have data through 1:30 EDT for Wednesday, but tomorrow appears to be consolidation lower. In looking at the daily data for Wednesday, a gap lower at the open and more downside looks likely. The weekly charts have been quite accurate, but so have the daily charts. If the SPX closes near its highs of the day today, be cautious of a selloff on Tuesday and Wednesday.
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