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Weekly Wrap-up – A Rejection at Resistance?

The day ends on a weak note… Chart Courtesy of Thomson Financial Index Index Value Point Change Percent Change S&P 500 (SPX) 1330.6 -21.5 points -1.59 percent Dow Jones Industrial Average (DJIA) 12207.2 -171 points -1.38 percent Nasdaq Composite (COMP) 2326.2 -34.7 points -1.47 percent Russell 2000 (RUT) 688.6 -4.1 points -0.59 percent CBOE Market Volatility Index (VIX) 29.08 1.30 points 4.7 percent Click here for symbol descriptionsThe day started with the S&P 500 (SPX) testing resistance…(Read More)

 Weekly Wrap up   A Rejection at Resistance? at vixtrade.com

Morning Market Check – A Test of Resistance

We are an hour into the session and find the S&P 500 (SPX) testing the bottom of the range that I discussed yesterday… Chart Courtesy of Thomson Financial Chart Courtesy of Thomson FinancialThe first chart is an expanded view of the daily that I talked about in yesterday’s video and shows this initial test of the bottom of the range…(Read More)