Archive for September 29th, 2010

Stocks Continue to Test Key Resistance Level

| September 29, 2010

The S&P 500 index has been attempting to break above resistance near the January high of 1,150 for the past four sessions. As you can see on the weekly chart below, a break well above this level would clear the way for a possible return to the April high near 1,215. As expected, the 1,150 […]

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Short-term Forecast for September 29, 2010

| September 29, 2010

Stock Daily Chart Analyses The following daily chart analyses provide short-term forecasts for the stock markets that we monitor. For intermediate-term outlooks see the latest weekly review, and for long-term outlooks see the big picture update. The S&P 500 Index The index closed slightly lower today, continuing a test of the 1,150 resistance level. A […]

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