Monday, 21 November 2016

{LONGTERMINVESTORS} S&P 500 and FTSE 100 charts (Nov 18 '16): in bull markets but bears lurking around the corner

The daily bar chart pattern of S&P 500 continued to rally during the week. It touched an intra-day high of 2190 on Fri. Nov 18 before retreating a bit - forming a small 'reversal day' bar (higher high, lower close).

The index stopped just short of the lifetime intra-day high of 2194. Interestingly, 2190 was the lifetime closing high. Both highs were touched on Aug 15 '16. 

Read more at:

http://investmentsfordummieslikeme.blogspot.in/2016/11/s-500-and-ftse-100-charts-nov-18-16-in.html

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