I put my last chart post in the wrong thread, link here. In that I highlighted a couple of resistance levels (66, 70, 76, etc) that we might benefit being aware of.
Existing daily chart with extended trend lines - IE, the same chart that's been in play for a while. Those levels are still very sticky folks. The current SP level is below what I consider an inflection point - where larger investors started buying. Any down from here could signal stop losses bringing in a faster move towards the support trends. Overnight, commodities pooped themselves due fears of recession in the US and downturn of production in Cn. There's enough macro info to echo caution in the current markets to me.
Just my opinion, GLTA
Add to My Watchlist
What is My Watchlist?
