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  1. kacy
    11,693 Posts.
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    12/09/22
    04:40
    Post #: 63639872
    Here is the S&P500 daily chart. It shows that it has hit a downtrend resistance line on Friday and lost some momentum. The same trend exists on the DJIA and the NAZDAQ. So, we could get a pullback on worry over rate hikes.

    https://hotcopper.com.au/data/attachments/4668/4668770-85d933bf8a3728fb02a7c3debfff4f3a.jpg

    Last edited by kacy: 12/09/22
    XJO Value at posting: 6,894.2
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    lightbulb Created with Sketch.  Great analysis
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