Good point V , we now have 3 forms of resistance then . A big gap up , hit the trend line from underneath , and the last big gap down day on spi .
Thor if u are talking about the EWA chart then that would make 4 points of resistance .
I don't know if many aussies still use ma's but yanks tend to love em and especially the big ones as on the stockcharts chart . I don't like ewa but that is only because I rang them one day and they wouldn't tell me the components and said I had to subscribe . But now that ETF's exist ummmmm it could be more relevant .
