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Re: GLENO34 post# 26181

Monday, 08/06/2012 8:53:20 AM

Monday, August 06, 2012 8:53:20 AM

Post# of 34760
Best guess
I think the weekly will prevail. Resistance in the 1390 area should repel back the advance to 1370, then 1360. A break of 1360 would then bring on 1330. A sell signal occurring on the weekly would bring on a very sharp drop.
Weekly:
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&yr=2&mn=0&dy=0&id=p58684259788&listNum=41&a=273758241

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