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[Previous entry: "S&P chart for today."] [Main Index] [Next entry: "Merlins' chart."]
11/18/2003 Archived Entry: "S&P reaches support."
Click for S&P daily chart.
The attached daily S&P chart shows several important support levels marked in red, and some trend-lines too. Yesterday the S&P supported at the strong SK near 1035, which is why I covered my shorts down there. What a beautiful exit... If this chart can maintain above the 1041 area, we can go to new highs, possibly up to weekly resistance 1069/1075 area. If not, watch those red suppotr levels for intraday short covering opportunites!
Replies: 2 Replies
Here is my 200k chart showing a B&B look-alike for potential short trade.
Posted by Merlin at 11/18/2003 07:01 AM PST
Hehe, that didn't work. To post a chart, you would have to put it on a website then enter the URL in the "home page" link of your message.
Posted by FibMaster at 11/24/2003 09:48 PM PST
Next page, continue.
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