XJO 0.78% 7,777.5 s&p/asx 200

spx has rejected resistance marked by my pitchfork for the third...

  1. 4,361 Posts.
    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.

 
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