Sunday, July 19, 2009
Another View - SP500 At Resistance
I wanted to offer another view that shows the SP500 sandwiched between the short term and intermediate term median lines. I think this may prove to be enough resistance that we will see a short term pullback. I doubt the pullback will last long, and once the market makes it above both median lines, there will be little to hold it back.
Posted by R. Craig Pritchard at 3:59 PM