Archived Weblog Entry - 12/03/2003: "S&P weekly resistance."

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12/03/2003 Archived Entry: "S&P weekly resistance."

Click for S&P weekly chart
The attached weekly chart shows why we have consolidation and deep retracements. Trend traders are not having fun, unless they trade very short time-frames... There are several resistance levels between 1069 and 1078, so expect whipsaw intraday..

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