I am convinced that we are on the edge of a major breakdown, but to be fair, there is always support and resistance in the charts.
Wednesday, March 05, 2008
Dow Support and Resistance
I recently posted a couple of charts concerning some fairly hard resistance points that I was seeing in the broad market indices. To be fair, I should post when I see support too.
I am convinced that we are on the edge of a major breakdown, but to be fair, there is always support and resistance in the charts.
I am convinced that we are on the edge of a major breakdown, but to be fair, there is always support and resistance in the charts.
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2 comments:
Just felt like someone ought to jump in here and thank you for your generous sharing of time and energy.
I enjoy your blog.
Thank you.
Yep, I see that but theres also this: http://tradermike.net/images/SP500_03052008.png
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