NYSE at March trendline resistance again (7760). Will it break through this time? The weekly shows a negative divergence, but bears need to watch this one carefully. The pullback lasted two days, after which bulls came charging back taking the SOX above key resistance. All eyes on the DOW and 11K, but I think the action in the NYSE is what the smart money is watching.
This entry was posted
on Thursday, December 01, 2005 at 11:06 PM.
