Tuesday, May 19, 2009

S&P 500 monthly MACD -- search of the day

just got a blog hit from this google query:

S&P 500 monthly MACD

the search yielded this post:

Saturday, February 28, 2009
S&P 500 MACD Histograms (monthly)

here are the same histograms as on the previous post, only updated:

well, we have certainly seen some improvement the last few months. we will have to revisit the histograms again after the next major correction in the market takes hold. if at that time we see substantial divergences then that would be a good sign that the bear market has run its course.