Replies to post #78291 on ajtj99's Market Pulse

[plexxus]

AJS the SP 500 backtested its broken trendline today on the highs...there is thick resistance now between 1297-1300 that will need to be recaptured to turn the picture more positive. The SPX looks like its forming a bearish flag pattern on both the 60 minute and the daily with little price movement while the oscillators reset.

http://stockcharts.com/h-sc/ui?s=spy&p=60&yr=0&mn=1&dy=0&id=p87460938903&a=7...