- Hope you enjoy your Memorial Day weekend and remember those that gave their lives protecting our country and the freedoms we enjoy.
- Above are a normal scale chart and log chart that show a very similar resistance area. Can it break up and outward? It can do anything. But, those upper trendlines have repeatedly served as resistance. 1950's? 1970's?
- The author of the charts has a blog where he charts both the short and long term of many different markets: http://www.tradingchannels.co.uk/
Midweek tedium
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US equity indexes closed on a positive note, SPX +23pts (0.4%) at 6061.
Nasdaq comp' +0.2%. Dow +0.7%. The Transports settled +0.2%. R2K +1.1%
SPX - dail...
25 minutes ago