This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Thursday, 3 March 2011
S&P lower high at resistance
Twice the low is a MAJOR Gann resistance level and having a lower high tagging this level is a sell signal with a stop above the high.We had a similar setup on the ftse250 recently,which failed.
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