More S&P 500 Charts

Martin Pring uses the 12 period Moving Average on the monthly chart for trend determination as show below.

Here I have put a 52 period Moving Average on the weekly chart with a 1.5% MA Envelope which shows the MA Envelope was broke to the downside the last week in December 2007. Click on chart to enlarge.

Here is a closer look at the above chart. Click on chart to enlarge

Following the same theme here is a daily chart with the 365 Moving Average and a 2% Moving Average Envelope.