spx has rejected resistance marked by my pitchfork for the third time. the night has just started, so ain't counting chickens yet....but the 4 hr chart seems it may be ready for a rollover.
dunno for sure yet - if recent high is taken out, the game has changed. if not, downtrend holds and this is just a bear market rally that is coming to an end.
oh by the way - the pitchfork is drawn from the 2007 high.
good luck next week, page-109
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Last
7,759.6 |
Change
-23.400(0.30%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,783.0 | 7,783.0 | 7,654.2 |
| XJO (ASX) Chart |