Thursday, March 18, 2010 11:06:49 AM
Re: $SPX's $MID - Make or Break ... :
After drilling through a soft resistance zone, S&P 500's mid caps is likely to hit a harder technical level of resistance at this bearish channel's upper border.
If this level of resistance cedes to the bullish push, there would be no other technical hurdles for the bears to throw at the bulls, leaving the prairie gate wide open for a new verdant pasture, IMHO:
- Dalcindo
After drilling through a soft resistance zone, S&P 500's mid caps is likely to hit a harder technical level of resistance at this bearish channel's upper border.
If this level of resistance cedes to the bullish push, there would be no other technical hurdles for the bears to throw at the bulls, leaving the prairie gate wide open for a new verdant pasture, IMHO:
- Dalcindo
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