Tuesday, March 18, 2008 4:53:45 PM
SPX traded to 1330.74 closing at HOD and at a resistance.
Markets are showing positive divergences. That confirms the price actions since 3/11/08 and completing the retest of the low of the low. For those are constantly looking for "Retest of the lows" now have undeniable retest of the low of retest of the low... We have about 2-3 spanking retest of lows.
I noted that we have a CIT date during this week and it is very encouraging to see market actions building base at the LT support.
The Weekly chart displays a masterful work of art formation. :)
CNBC is the financial drama center.
Markets are showing positive divergences. That confirms the price actions since 3/11/08 and completing the retest of the low of the low. For those are constantly looking for "Retest of the lows" now have undeniable retest of the low of retest of the low... We have about 2-3 spanking retest of lows.
I noted that we have a CIT date during this week and it is very encouraging to see market actions building base at the LT support.
The Weekly chart displays a masterful work of art formation. :)
CNBC is the financial drama center.
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