"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •627 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,853.00 | -117.50 | -5.96% |
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WTI Crude •11 mins | 89.82 | -8.41 | -8.56% |
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Gasoline •12 mins | 3.022 | -0.264 | -8.03% |
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Ethanol •627 days | 2.161 | +0.000 | +0.00% |
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Silver •627 days | 30.82 | +1.16 | +3.92% |
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Silver • 627 days | 30.82 | +1.16 | +3.92% | |
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Copper • 627 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 101.43 | -10.76 | -9.59% | |
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Natural Gas • 11 mins | 2.927 | -0.168 | -5.43% | |
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Heating Oil • 11 mins | 4.188 | -0.421 | -9.13% |
Earnings season is well underway,…
The Economic Community of West…
Forever 21 filed for Chapter…
That will be "THE question" within the next 10 trading days.
Specifically, here is the real question: Will the SPY be able to rise above its 2008 to 2012 resistance line seen on its weekly chart?
That chart is shown below, and it is now obvious how close we are. Since each bar represents 1 week on this chart, we are "within" 10 trading days of testing that multi-year resistance. In fact, the odds are very high that this week could be the week that this resistance level is tested.
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