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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 659.00+1.0%Nov 21 4:00 PM EST

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POKERSAM
To: Seismo who wrote (116238)12/14/2018 2:55:35 PM
From: GROUND ZERO™1 Recommendation  Read Replies (1) of 219190
 
The long term weekly support line for the DOW and the SP have been broken today and these two markets are now trading below their long term lines... the RUT has been below its line since September...

I just noticed, the $SOX is now also below its line... so is the NQ, so it look like all of them are now below their key support lines...

These are weekly long term support lines going back some years...

Let's see where they close today and for the week...

Also, here's that quarterly DOW chart going back to the 1987 high... as we approach the end of this quarter, we're now looking at a key outside reversal bar...



GZ
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