Wednesday, October 15, 2008

TODAY'S ACTION

Here's a summary of what happened today:

S&P 500 (SPX) - 1-Day

Here's a 5-Day chart below with longer short-term support/resistance areas to make note of tomorrow. Observe how close we are to Friday's low.

S&P 500 (SPX) - 5-Day

S&P 500 (SPX) - 10-Day

Don't forget to try out the Free Trend Analysis. It's FREE, so give it a try!

2 comments:

Anonymous said...

Hi John, I find your analysis fascinating, but Internet Explorer cuts out half the text for some reason.

For example, I can read the text through the following and then the text cuts off

"Remember, these signals serve two purposes: 1) loss prevention for longs, and 2) profits for shorts.

"

John C. Lee said...

that's the end of that paragraph. there's no more text after that. everything else are charts.

No one had a problem so far and I can see it fine on other computers.