Tuesday, February 17, 2009 9:14:19 PM
S&P 500 Daily and Weekly Charts:
If you look at the daily chart below, it broke below the lower support trendline, and the weekly chart isn't looking that great either...
The weekly chart is already below the previous red candlestick's close for the week from about fourteen weeks ago...So it looks like the S&P 500 will go down to test the 750 level again...
If you look at the daily chart below, it broke below the lower support trendline, and the weekly chart isn't looking that great either...
The weekly chart is already below the previous red candlestick's close for the week from about fourteen weeks ago...So it looks like the S&P 500 will go down to test the 750 level again...
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