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S&P 500
5,482.87
(
0.09%
)
US TECH 100
19,280.80
(
0.34%
)
Dow Jones
39,164.06
(
0.09%
)
Brent Oil
85.29
(
0.97%
)
Bitcoin
61,455.87
(
1.06%
)
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techcharter

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techcharter

Re: None

Tuesday, 06/21/2011 11:11:23 AM

Tuesday, June 21, 2011 11:11:23 AM

Post# of 51804
Short Term Bottom is in

The SPX rally off Thursday June 16 bottom has completely retraced the selloff From Tuesday June 14 high. There has been very choppy trading the last week indicating the selloff from early June was finding support on the 200 day ave. The index is just below the 20 day ave. The 50 day ave would been an upside target / resistance. At this point the 20, 50, and 200 day averages are pointing DOWN. so play cautiously to the upside.
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