friday night trading, page-112

yeah, good support at 914 and now looks like resistance turned new support at 928 or so is holding after the breakthrough, at least on my charts which are a bit slow. Doesn't look like the yanks are too worried about dilution after all that bank capital raising..? And look at the volume on that pullback day yesterday. It was huge so there massive high level support just below the breakout point. Worrying for shorts.

I also think tho that if spx holds above 928 or so then spx will struggle at the 200ma, which is also around previous price resistance, both around 945 or so. They both look like the major resistance levels for this major leg up, and market is overbought fa sure. But given the overall bullishness, I'd probably see any pullback as a long oppo but wait and see and let the bulls prove themselves I reckon.