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Thursday
Nov192009

1,100 Doesn't Hold Up

After breaking above the 1,100 resistance level on Monday, it didn't take long for the S&P 500 to break back below this supposed new support.  We'll see how things close, but as of mid-day, we've gone from being 10 points above support at 1,100 to 10 points below.


Spx1100


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Reader Comments (1)

We may be looking at a short term top for the next couple of weeks. Time will tell.

admin'http://invetrics.com
November 21, 2009 | Unregistered CommenterMichael

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