Sunday, February 13, 2011

SPX Daily Chart Summer 2006 for S/R

SPX daily chart from 2006.  The SPX recently poked up thru the 1230-1245 resistance level from 2006.  To start the week of 2/14/11, the behavior in this 1225 to 1235 area is important.  Lots of resistance here now but with the momo behind this phenomenal bull rally, it will simply have to play out this week.

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