CHART BLOG

SPX & DJIA at Yr1 resistance


SPX

this past week, the S&P 500 index (SPX), the Dow Jones Index (DJIA) and the Nasdaq 100 (NDX) index, ALL ran into strong resistance at their Yearly R1 Pivot Points. We usually get BIG reversals at the Yearly Pivots. Looking for a 100 point pullback to the 200day @ 2755 soon.


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