Tuesday, December 10, 2013

Trendline Resistance for Stock Indicies


Some major indexes are up against long term trendline resistance while sentiment is pretty much as bullish as it gets. Both of these are occurring as some major timing symmetries are coming together this week (as shown on previous posts). Seems like as good a time as any for a rug pull. We'll see soon if enough if that happens or if the fed can power the markets through all the technical headwinds.

Kim Rice 12/10/13

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