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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
60,850.16
(
0.09%
)
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DiscoverGold

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DiscoverGold

Re: DiscoverGold post# 641

Wednesday, 09/21/2011 7:31:19 PM

Wednesday, September 21, 2011 7:31:19 PM

Post# of 690
AmateurInvestors: Outlook for Thursday, September 22, 2011 TY Chichi2

Today's action would favor the Head and Shoulders pattern I have recently talked about. However we will need to see a break below the Neckline support area which is around the 1150 level in the S&P 500 to confirm the pattern. Also notice the 61.8% Retrace from 1102 to 1231 is near the Neckline support as well so the 1150 area appears to be a key support level.

http://www.amateur-investor.net/AII_Daily_Report_Sep_21_2011.htm

George.

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