SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cush who wrote (5079)10/23/2014 6:25:39 PM
From: Cush   of 5144
 
The S&P 500 and Canadian Small Caps. The S&P 500 did rebound as anticipated after yesterday's negative candle had retraced about half of the previous day's positive candle. And that was good for the long positions I entered yesterday afternoon. But I expected better. The Canadian Small Caps were stagnant. Not helped by the drop in the price of gold.

Both charts here. The S&P 500 first. Note how the close was right at a Resistance Line drawn through the middle of a pack of long candles, and back to a high on June 9th.

Tomorrow may give a better indication of whether this little rally is going to be sustained. And whether the Canadian Small Caps are going to rally some from here.

Cush



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News