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Friday, June 02, 2006 8:59:37 AM
Chart of the Day - COTD S&P 500 Still Trades Above Support:
Last week, we presented a chart which illustrated the Dow trend. Today's chart provides further perspective by focusing on the relatively broader S&P 500 index. While the S&P 500 trades significantly below its record highs, it (like the Dow) trades significantly above support (green line) despite the recent sell off. Stay tuned...
Notes:
- The market is at a critical juncture. Where we go from here may surprise you. Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
Last week, we presented a chart which illustrated the Dow trend. Today's chart provides further perspective by focusing on the relatively broader S&P 500 index. While the S&P 500 trades significantly below its record highs, it (like the Dow) trades significantly above support (green line) despite the recent sell off. Stay tuned...
Notes:
- The market is at a critical juncture. Where we go from here may surprise you. Find out now with the exclusive & highly regarded charts of Chart of the Day Plus.
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