Technical Analysis of the financial markets using Elliott Wave, Gann, Fibonacci, cycles and momentum indicators.
Posted information is for educational purposes only and not a recommendation to buy or sell any stock. This site is dedicated to the study of technical analysis.
Monday 7 April 2008
In the Resistance Zone!
Short and simple today. The cash S&P500 is now delicately poised in the resistance zone that has been identified previously. I will have to reevaluate my intermediate term bearish stance if the high of February 1, 2008 (1396.02) is broken.
Short and simple today. The cash S&P500 is now delicately poised in the resistance zone that has been identified previously. I will have to reevaluate my intermediate term bearish stance if the high of February 1, 2008 (1396.02) is broken.
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