Another proof of a possible pullback tomorrow


Well, I just saw another proof of a possible pullback tomorrow. Courtesy of www.decisionpoint.com.

 

Pay attention to SPX Climactic Volume Indicator (CVI), maybe the right side "Last 21 days" is clearer. CVI is too high, and it seems like every time CVI reaches the today's level, the next day will close in red.

CVI

2 Comments on "Another proof of a possible pullback tomorrow"
  1. Comment left on:
    December 17, 2008 at 5:39 pm
    dave says:
  2. Comment left on:
    December 17, 2008 at 11:25 pm
    Cobra says:
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