and let's look at the 15pt chart on the comp today
so far, three major indices are on the brink. Will they be defended, or are the big boys already positioned?
stockcharts.com
2,100.00 | | | | 2,100.00 2,085.00 | | X | | 2,085.00 2,070.00 | | X O | | 2,070.00 2,055.00 | X | X O | | 2,055.00 2,040.00 | X O | X O | | 2,040.00 2,025.00 | X O | X O | | 2,025.00 2,010.00 | X O X | X O | | 2,010.00 1,995.00 | X O X O X| X O | | 1,995.00 1,980.00 | X O X O X|O X O | | 1,980.00 1,965.00 | X X O X O X|O X O | | 1,965.00 1,950.00 | X O C O X O X|1 O X | | 1,950.00 1,935.00 | X O X O O X| O X O X X | | 1,935.00 1,920.00 | X X O X O | O X O X O X O | | 1,920.00 1,905.00 | X O X O X | O X O X O X O | | 1,905.00 1,890.00 | X O X O | O O X O X O | | 1,890.00 1,875.00 | X X O X | O X O X X O | | 1,875.00 1,860.00 | X O X O | O 2 X O X O 4 |High| 1,860.00 1,845.00 | X O X | O X O X O X O | | 1,845.00 1,830.00 | X O X | O X O X O X O X | | 1,830.00 1,815.00 | X O X | O X O X O O X O | | 1,815.00 1,800.00 | X O X | O X O 3 O X O | | 1,800.00 1,785.00 | X X O | O O X X O X X O |Avg | 1,785.00 1,770.00 | X O X | O X O X O X O X O | | 1,770.00 1,755.00 | X O X | O X O X O X O X O | | 1,755.00 1,740.00 | X X O B | O X O O O X O | | 1,740.00 1,725.00 | X O X O X | O X O O | | 1,725.00< 1,710.00 | X O X O X | O |Low | 1,710.00 1,695.00 | X O X O X | | | 1,695.00 1,680.00 | X O X O X | | | 1,680.00 1,665.00 | X O X O X | | | 1,665.00 1,650.00 | X O X O | | | 1,650.00 1,635.00 | X O | | | 1,635.00 1,620.00 | X X | | | 1,620.00 1,605.00 | X O X | | | 1,605.00 1,590.00 | X O X | | | 1,590.00 1,575.00 | X O X | | | 1,575.00 1,560.00 | O | | | 1,560.00 |