Tuesday, November 11, 2014

SPX daily at resistance

$SPX - Chart Link - here's a daily chart of the S&P 500. As you know the market has had one hell of a rally of the Oct lows in a straight up V rally - in fact this is the fastest rally in terms of percentage gained over time in history.  Clearly the market will need to rest soon, perhaps this trendline will offer some resistance

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