Replies to post #63915 on ajtj99's Market Pulse

[otraque]

the closing on friday broke all previous closing highs in the past 46months.

i correct statement that last resistance left is intraday 1/3/2005 of 1635.45, as it hit intraday 1635.70 12/15/2004.
We can argue the double top was then, now we are knocking on the door again, like aj, i don't believe in triple tops or triple bottoms.
So we need failure major time starting Monday, as any break above 1636 is taking out a double top, and that i view as quite bullish.
The closing high in August i have as 1627.19.