Keep an eye on this level as it may signal the start of a longer term trend change. Lets see if it can rally back above in the afternoon session and keep this trend entact on the daily chart.
Thursday, May 24, 2007
Trendline Break on the SPX
This mornings sell off gave us a break of the daily chart uptrend. Up until today that has held since March 12th.
Keep an eye on this level as it may signal the start of a longer term trend change. Lets see if it can rally back above in the afternoon session and keep this trend entact on the daily chart.
Keep an eye on this level as it may signal the start of a longer term trend change. Lets see if it can rally back above in the afternoon session and keep this trend entact on the daily chart.
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