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Replies to #410 on Chart Ideas
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rimshot

08/14/11 4:54 PM

#417 RE: rimshot #410

SPX weekly closes since 2005 displayed in histogram format:

* the horizontal values shown in black and in red are selected from the chart data since 2003 AND
shown below since 2005 for the SPX weekly closes chart

* SPX $1022 to $1064 is a must-hold price zone for the future weekly closes, if the potential is going to remain alive for a basing of price behavior with an upside resolution for the future price action ... one idea of several

holding above SPX $1142 by daily closes and by weekly closes is a constructive aspect for a potential bullish resolution to the current consolidation by price action (as of August 12, 2011)