BullBear Trading: Stock and Financial Market Technical Analysis

Stuck in the same old trendlines...






Views: 25

Comment

You need to be a member of BullBear Trading: Stock and Financial Market Technical Analysis to add comments!

Join BullBear Trading: Stock and Financial Market Technical Analysis

Comment by Mark Lytle on March 5, 2010 at 2:43pm
I would add though that on the $spx chart, as you can see, the previous support line is now poised to be resistance...don't know if it will be respected or not...
Comment by Mark Lytle on March 5, 2010 at 2:32pm
O.K. Here's the $RUT...very crude chart, not cleaned up yet...


Notice that it's previous main underlying support exponential trendline had failed after the January high..The $spx and $ndx didn't show that pattern....I think it will be the $ndx chart that will show us the next market high as it did in January...
Comment by Steven Vincent on March 5, 2010 at 12:38pm
Have a look at RUT, which is breaking out to new highs.

Join BullBear Traders

 
Free 30 Day Trial
No Credit Card Required
SUBSCRIBE Here
  

Pay with Cryptocurrency and SAVE!

6 Months BullBear Trading

for $100

(regularly $120.00)

 

Social Links

Friend Me

on Facebook

 

Join
BullBear Trading
Facebook Group

 

Steven Vincent's market analysis is published on:

Steven Vincent's opinion is polled every week for the Birinyi Associates
TickerSense Blogger Sentiment Poll

© 2024   Created by Steven Vincent.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Sign in to chat!