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Showing posts from September 13, 2009

Thoughts....

The Index Watch , Weekend Review and the Trading Spreadsheet are complete and posted. Regardless what occurs this week, we have an abundance of objective setups to watch. Post Edit (Sunday Night): I was scrolling over some longer term charts and thought this would interest those who haven't seen it. This is a Monthly Chart of the S&P 500 that dates back to 1928. As we can see, the price is currently at the "under belly" of a trendline that I think will offer significant resistance. Here is the same Monthly Chart , but I've provided a closer look. I also thought some would be interested in the Monthly Chart of the Gold & Silver Index .