Similar action took place in the S&P. Look back in September05 and you’ll see the same thing happen. The market stalls near prior highs and then crashes. Well here we are in Feb06 and same thing is happening right now.
I had to back out my chart a little to find next temp support area. Could be around 1243-1253 ranges. If we break down from 1243 the S&P could be in trouble.
I had to back out my chart a little to find next temp support area. Could be around 1243-1253 ranges. If we break down from 1243 the S&P could be in trouble.

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