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December 2003
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[Previous entry: "Hero Miles."] [Main Index] [Next entry: "S&P intraday down-channel."]

12/08/2003 Archived Entry: "S&P Weekly resistance."

Click for S&P chart.
This weekly S&P chart, was posted here some months ago, predicting the surrent resistance area. There are several significant resistance levels 1069, 1075, 1092, 1099, 1109.. Fasten your seatbelt, the ride could get bumpy! For months the bulls have won by buying dips in the long term. Now the market changes, expect deeper retracements, and possible a downturn if the market stalls here long enough.

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