This S&P 500 ($SPX) chart shows the past four months of daily prices after the index finished the week at 1,397.11 on Friday, March 23, 2012. The S&P 500 made yet another trip to the top of its trading range, but found resistance at the trend line of higher highs. As has been the case since this…
Month: March 2012
MidCap 400 Chart – Facing Resistance
I charted the past year of daily prices for the S&P 400 Mid-Cap Index ($MID.X) after the index closed at 1,000.73 on Friday, March 16, 2012. I’m short on time this weekend, but a lot of this MidCap 400 chart speaks for itself. Resistance could surface from the previous high last spring and from the…
Dow Jones Chart – March 2, 2012
I charted the past three months of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after the index closed at 12,977.57 on Friday, March 2, 2012. Nothing has changed in the past few weeks. I could almost recycle a chart analysis from a couple of weeks ago and just change the date. The…