trend-line resistance: In reality, there are patterns that 1, according to Market Watch. Prevent investors from making ill-timed decisions. 2. While news affects market movements, it's not as if stock investing is random and unpredictable. Increase the odds of making profitable buy/sell decisions. The before and after picture below shows the original S&P 500 SPX, 1.48% pattern projection purple lines and actual performance Caption outside of wrapper for normal article images The most basic message for anyone aware of this pattern was not to buy as the S&P 500 approached purple trend-line resistance. Here is one such pattern I've been writing about an expanding triangle or megaphone ever since I first published the purple projection in the June 2 Profit Radar Report.
(news.financializer.com). As
reported in the news.
Tagged under trend-line resistance, p spx topics.