Resistance

I keep looking at the charts of the major sectors to get a sense of the strength of the market this morning.

It looks like they are all hitting important resistance levels - the top reached in February. This is the bad news.

The good news is that the market could rally quite strongly if all these sectors, including the S&P 500, breach their resistance levels.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest

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