InvestorsHub Logo
Post# of 758
Next 10
Followers 84
Posts 9226
Boards Moderated 4
Alias Born 09/07/2007

Re: rimshot post# 233

Thursday, 04/28/2011 12:09:47 PM

Thursday, April 28, 2011 12:09:47 PM

Post# of 758
two updated NYA charts - weekly closes and daily

#1

updated NYA weekly closes chart in histogram format to compliment charts in posts #209 and #233

* some of the price levels are derived from the intraday price action
and are confirmed to be actionable when placed on the weekly closes chart

* $8633.14 represents a significant potential level for horizontal resistance to be experienced...a breakout which is sustained for many future weekly closes would be a very bullish event, in my opinion..until such a horizontal breakout, price could now see indecision for a period of time

weekly closes for the NYSE Composite Index:



#2

daily NYSE Composite Index shown with relevant intermarket relationships



Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.