New York – S&P500 not supported above 18695, sellers move in and profit taking on majors. S&P500 has trouble over 1863-65 area as sellers move in to take profits. The market held close to resistance at 1870 for 2 hours into the close as sellers moved in and dropped the market twenty points. At 3:00…
Day Trading Dow Jones Industrial Average DJIA 1928-1929 chart and 2013-2014 chart Market are definitely in a very stressful pattern.with this chart that most of people saw, there’s some question people are asking them self, should you sell or keep buying since we are in Up trend. What people may don’t see, is what happening…
Weak Markets retrace Dow Jones Transports testing support The Dow Jones Transports, normally considered a leader, for trading the indices is either lagging the S&P500 or is showing weakness. The test to 7150 could retrace today which means that we have one of two credible patterns emerging. The support from Jan 21, of 7150 and…
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