June 28 Midweek Triple Index Resistance Check
Posted on June 28, 2012 at 08:50 AM EDT
With Thursday developing into another big news day, let’s take a quick morning check on current daily resistance (or key) price levels and what to watch from here (upper and lower short-term targets)  in the US Equity Markets. First, the S&P 500: Let’s discuss the current conditions which apply to all indexes. First, June gave [...]

With Thursday developing into another big news day, let’s take a quick morning check on current daily resistance (or key) price levels and what to watch from here (upper and lower short-term targets)  in the US Equity Markets.
First, the S&P 500:

Let’s discuss the current conditions which apply to all indexes.
First, June gave us an initial “Bull Trap” scenario with the push beyond the falling 50d EMAs (blue falling lines), and the failure to hold above the 50d EMA resulted in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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