Resistance or Bear Trap ?

Discussion in 'Technical Analysis' started by RedTankEra, Mar 27, 2012.

  1. See file attached.
     
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  2. DOW not there yet.

    See file attached.
     
  3. Mighty Nasdaq above it.

    See file attached.
     
  4. Finally the Dow Transportation index, not displaying the same strength, possibly due to cost of Oil.

    See file attached.
     
  5. magicz

    magicz

    in aapl we trust wait till it breaks and lookout below.:D
     
  6. keep waiting, that is what they are using to make you keep your eye of the ball
     
  7. magicz

    magicz

    its weak today, when the strong becomes weak time to head for the hills.
     
  8. dv4632

    dv4632

    Longer term look...
    SPX looks similar to this, Q's almost to upper channel limit.
     
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