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.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: milano who wrote (13828)5/23/2022 9:38:44 AM
From: Kirk ©  Read Replies (2) | Respond to of 26887
 
Thanks for today's day trading numbers.

Upside 3922 and 3944.

SPX longer term :

Two gaps near 3960 and 4000 to take care of then resistance at May peak near 4090 then Feb and March lows in that order.

A new low would be very bad news for bulls.

I don't see any obvious "lines" other than maybe extending that purple one that I used to have as green that saw a lot of action. It would not surprise me to see that extend to intercept with a test of the Feb/March lows for some real action to see if we'll convert to this confirmed bear (down 21%) market back to a bull.