Alert Condition: Take a Careful Look at this SP500 Chart

By: Marty Chenard | Mon, Jan 5, 2015
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Today's updated chart shows the percentage of S&P 500 stocks with a 20 day C-RSI at a positive or negative level.

When you look at the chart, note that it made a lower/high, and then started moving lower.

Here is the important thing right now ... If this 20 day C-RSI percentage now continues to fall and goes below the 33.4% level made on December 16th. (Marker 185 on this chart.), then that would confirm a down trend, and the market would follow accordingly.

percentage of S&P 500 stocks with a 20 day C-RSI at a positive or negative level



Marty Chenard

Author: Marty Chenard

Marty Chenard
Asheville, NC 28805
Tel: 828-296-1200

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker. is dedicated to Stock Market Investors who want the best information on stock charts, stock market trends, stock market timing and technical analysis.

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