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Strategies & Market Trends : The coming US dollar crisis

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From: LTK0071/29/2010 12:37:10 PM
1 Recommendation  Read Replies (1) of 71463
 
The latest repost of the SPXWeekly chart, set to 43/17. I drew it 11/17 and have NOT annotated since but it speaks anyway---the fact is the SPX has been struggling to HOLD up since it hit that BLUE LINE on my chart.
If one looks at indicators, the bulls have got to commence a a major jam soon or they will lose.
My key resistance i now place at 1072(changed from 1075), if Bulls lose 1072 i will suiggest the HIGH for the year is IN.
We will see.Max


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