Replies to post #53612 on Options Wonderland

[dalcindo]

Re: $SPX's $MID & $SML:

Recent $SPX rally could be tempered by the indivisualized charts of its mid and small cap components, where recent highs are only relative and secondary indicators may call for further downside.

Notice particular resistance zone overhead in the weekly and monthly chart of $SML and $MID charts below:


$SPX - $SML - 36-Mo., Weekly Chart:



$SPX - $SML - 10-Yr., Monthly Chart:



$SPX - $MID - 36-Mo., WEEKLY Chart:



$SPX - $MID - 10-Yr., MONTHLY Chart:


- Dalcindo

[langlui]

hey D, can you do a quick one on INDU? thinking it has reached resistance here? or it will just go to 10500?

[3xBuBu]

SPX is breaking out