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nowwhat2

08/17/16 2:05 PM

#211696 RE: nowwhat2 #211691

The War of INDU 18-5 (cont.)

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loanwolf

08/18/16 12:22 AM

#211719 RE: nowwhat2 #211691

Yup, yup... GS has broken downtrend channel and major moving averages to the upside. It is coming up on horizontal resistance and 38% fib retracement level of about 167.50-167.75 elevations.

Perhaps we see some more rotation into financials now, which seemed to have been lagging.
Those levels on GS are very significant IMO and if broken to upside, could help to catapult indices to new ATH.

ZIRP,TINA,ZIRP......BTFD baby, lol