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S&P 500
5,035.69
(
-1.57%
)
US TECH 100
16,867.60
(
-0.68%
)
Dow Jones
37,815.92
(
-1.49%
)
Brent Oil
84.83
(
-1.25%
)
Bitcoin
57,267.66
(
-5.50%
)
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10nisman

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10nisman

Re: santafe2 post# 99462

Friday, 03/18/2022 12:25:23 AM

Friday, March 18, 2022 12:25:23 AM

Post# of 110130

The SPX is up and currently at 4,379. There is a short term double top at 4,386 from late February and early March which may act as resistance. Yesterday's move was strong and led by tech, communications and discretionary. As the market moves up today those sectors are lagging and energy, materials, real estate and utilities are leading. It's only one day but it's never a good sign when money rotates out of tech and into utilities.

Double top? Are you sure about that?
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