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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (1138)6/27/2008 2:05:43 PM
From: AllansAlias  Respond to of 3209
 
We posted this chart a week ago. Now, we are well under that line. While not impossible, we would need an incredible rally into the close to "save" this breakdown.

This now will act as strong, *tradable* resistance on any rally. There is no technical marker more important than this in the entire market imo.



Note that chart does not reflect this week's down move.