InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,509.01
(
0.62%
)
US TECH 100
19,492.80
(
0.07%
)
Dow Jones
39,331.85
(
0.41%
)
Brent Oil
86.10
(
-0.40%
)
Bitcoin
60,240.96
(
-2.88%
)
Post# of 34760
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

crosswinds

Send PM Follow Ignore
Followers 11
Posts 600
Boards Moderated 0
Alias Born 09/14/2007

crosswinds

Re: None

Friday, 12/21/2012 11:46:00 AM

Friday, December 21, 2012 11:46:00 AM

Post# of 34760
At a good place to bounce...
or not.
SPX has dropped to the bottom of an up channel (blue). A bounce from here would continue the rally. Breaking below 1420 could produce a further major decline.
See daily chart:
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=3&dy=0&id=p95350935131&listNum=43&a=286711642

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up