Tag Archives: resistance

SP500 Index Market Timing: Rallying to Resistance

The SP500 index has bounced up to initial resistance on the 15 minute and 60 minute charts. If you were looking for a spot to sell, this would be it. Or you can wait for the next downswing in the … Continue reading

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Don’t Buy More Gold Yet: Here’s why

Gold has bounced off of support represented this time around by the 50 day moving average and it now approaching the prior highs. Actually today, it’s pulling back a bit as the US dollar strengthens slightly. The chart below shows … Continue reading

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