Resistance or Bear Trap ?

RedTankEra · Mar 27, 2012

See file attached.

RedTankEra · Mar 27, 2012

DOW not there yet.

See file attached.

RedTankEra · Mar 27, 2012

Mighty Nasdaq above it.

See file attached.

RedTankEra · Mar 27, 2012

Finally the Dow Transportation index, not displaying the same strength, possibly due to cost of Oil.

See file attached.

magicz · Mar 28, 2012

in aapl we trust wait till it breaks and lookout below.

EON Kid · Mar 29, 2012

Quote from magicz:

in aapl we trust wait till it breaks and lookout below.

keep waiting, that is what they are using to make you keep your eye of the ball

magicz · Mar 29, 2012

Quote from EON Kid:

keep waiting, that is what they are using to make you keep your eye of the ball

its weak today, when the strong becomes weak time to head for the hills.

dv4632 · Apr 2, 2012

Longer term look...
SPX looks similar to this, Q's almost to upper channel limit.