Advancing FX-Trading >>> www.lincolnfx.com: -data point 16 March 2010
www.invetrics.com:- data point 16 March 2010
(may adjust at market Open)
www.stocktiming.com: -data point 16 March 2009-
...up-condition with duress warning (overbought) -data point 02 March 2010-
Trader Update -data point 16 March 2010:
...the SPX 500 traded to a new 17-month High *1158 but selling has become apparent after the Fed announcement and the rally is likely to be unsustainable; a bearish reversal would target the the Mar 3 Low *1117 initially
...expecting a successful *1117 defense, another SPX 500 advance would take out today's High *1158 and surge higher towards yearly trendline resistance current *1175 before a potential deeper correction would occur
*1117 remains the SPX 500 pivot point
Long Term: THE BEAR
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