Wednesday, January 21, 2015

Chartology, Equities Edition: Stocks Turned Back at (declining) Resistance Line

A break above 2035 would be very bullish.
2031.61 last, up 9.06.

From Permabear Doomster:
Daily chart-
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEioR6Fdm6F0obqBHGoTzPe4TtLHZCFJrLiCdtSqUcKBB5V_9XuWWrnkR5wFgwps_jLNDXLPqeiq22P1PSqj7bW-zhVrOsh14EflngE3k8ulTyqnhDZMbJNaMula9yc7dHs8v3cmKGUY7Qli/s1600/spdaily5+intra3+jan21.png
 60 minute chart-
https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiLWbLuGz0D3B_OZs0ymCuNOn-xZx1faAbYypzyvOTntOCsCMYaXFWQkvREJM-DCVuHhqtepga0JMVqUFFTI8RWsYDd40gN7ADBj_h_ZU2J1ky77PsnhFX3DPmJtzD_4yWvd2cFCwoOIHvz/s1600/sp60min+intra1+jan21.png
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