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S&P 500
7,408.50
(
-1.24%
)
US TECH 100
28,244.40
(
-1.90%
)
Dow Jones
49,526.17
(
-1.07%
)
Brent Oil
106.70
(
0.00%
)
Bitcoin
78,239.95
(
-1.04%
)
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plexxus

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plexxus

Re: ajs post# 78291

Tuesday, 05/16/2006 9:39:44 PM

Tuesday, May 16, 2006 9:39:44 PM

Post# of 148479
AJS the SP 500 backtested its broken trendline today on the highs...there is thick resistance now between 1297-1300 that will need to be recaptured to turn the picture more positive. The SPX looks like its forming a bearish flag pattern on both the 60 minute and the daily with little price movement while the oscillators reset.

http://stockcharts.com/h-sc/ui?s=spy&p=60&yr=0&mn=1&dy=0&id=p87460938903&a=7...
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