Spx

Well last week I was looking for a break of the red 2x1 for a sell signal and we got it on Friday but the signal was false as the angle was regained quickly and yesterday we made a new all-time high. I am watching to see if this is a false breakout as often seen at major highs and also watching the yen cross rates because Japanese liquidity is clearly important at the moment

Here is the monthly chart,from Andrea Calissano
  http://www.thewavetrading.com/2013/04/11/spx-follow-up-of-the-short-term-ewp-99/?utm_source=rss&utm_medium=rss&utm_campaign=spx-follow-up-of-the-short-term-ewp-99