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A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Monday, April 5, 2010

$SPX - 10yr Quarterly


The Quarterly chart shows the importance of the 1175-1180 level is. Isn't it interesting how this level lines up with the 50% line from the 07' highs and lows of 03'?

Bottom line is a push above 1190 will be the launching point to a move to 1200 then 1225 then 1250. And a failure will be the begining of a rollover of at least 100 points to 950-1000.

For the Web's best interactive charts, please visit http://www.Prophet.Net
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