Sunday, March 20, 2016

Coming to Make-or-Break Time for S&P 500

Here's an update on a chart that I've been following since January 15 on this blog and on InvestmentU.com before that. You can see that the S&P 500 is coming up to strong overhead resistance.Visit StockCharts.com to see more great charts.
(Updated chart)

What happens there is anybody's guess. It's good to see that strength in the market is broadening; maybe that's what the S&P 500 needs to push higher. But we are approaching what has been overhead resistance since the start of 2015.

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