JNX

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SPX: Monthly chart - S&P facing significant resistance
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SPX, M Short
Monthly chart - S&P facing significant resistance

Looking at the monthly chart of S&P 500, there are 4 signs indicating significant resistance / trouble for S&P 500 1. March closes right at the peak of the 10-year long trend line. 2. S&P 500 is also touching the peak of the up channel top. Experience tells me that this often is a significant barrier for further up movement. Some extremely good news will be ...

JNX JNX NOK, D,
NOK: NOK breaks out major channel, next wk price actions critical
902 2 1
NOK, D
NOK breaks out major channel, next wk price actions critical

Long: Major channel (green) breakout on daily and weekly chart. However, price now touches ceiling of new faster channel (yellow). will likely to test major channel top again at 4.58 -4.60 next week. If holds, then buy. Moving averages in perfect alignment an indication of strong long-term trend. Short: Watch price actions closely next week to verify whether the ...

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JPN225
Nikkei 225 index of Japanese listed shares
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