Critical Close Today

S&P 500 index of US listed sharesFXCM

Description

⋅ Apr 19, 2016 4:11 PM

Today's close will be very important. A close above the trend line points to new highs in the days ahead. Below signals a correction.

⋅ Apr 21, 2016 6:57 PM

Looking at the weekly chart, Friday's close could show us a break out, or a false break out base on closing above or below the trend line.

Comments

Shark-Hp

⋅ Apr 19, 2016 4:42 PM

what is that line 2093.4? close above or below what number?

nxtlvltrdr

⋅ Apr 19, 2016 4:44 PM

that is the trend line referred to in the post.

Shark-Hp

⋅ Apr 19, 2016 4:45 PM

i see the trend line im trying to estimate the number its touching 2092 or 2093 or 2094

nxtlvltrdr

⋅ Apr 19, 2016 4:47 PM

I think in terms of ranges, so the exact number is not critical, but 2093.50 works.