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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 687.86-0.4%Dec 29 4:00 PM EST

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GROUND ZERO™
To: GROUND ZERO™ who wrote (80774)3/11/2016 10:27:42 AM
From: John1 Recommendation  Read Replies (1) of 220820
 
Perhaps that will provide some degree of a needed spark, because here we are a week later and the NDX is still encountering major resistance around 4340. Despite repeated attempts last week and this week, it remains unable to break through that level. At the same time, the 50-day SMA has acted as a strong support level.

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