CLICK ON CHART TO ENLARGE Two of the U.S. broadest index’s (NYSE Composite & Wilshire 5000) are both facing a series of resistance lines that so far stopped them on a dime towards the end of May. Could the confluence of resistance lines at this time become important since they took place in May (Sell [...]
CLICK ON CHART TO ENLARGE The NYSE made an important high 5 years ago this month and then proceed to waterfall in price. Now the rally in the NYSE has it back to that important high, in the same month, 5 years later. At the same time several key emotional highs and lows over the [...]
CLICK ON CHART TO ENLARGE “To boldly go where no man has gone before” was made made popular by the “Star Trek” series back in 1966. The Wilshire 5000 is taking investors where they have never gone before, as it breaks into all-time high territory at (1) in the chart above. The NYSE Comp is [...]
Developed and maintained by Skylight Sites
Recent Comments