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Archive for October 23, 2012

2012/10/23: Quick Post: Courtesy Market Alert: Probably NOT Equities Big Bust …Just Yet

October 23, 2012 Leave a comment

© 2012 ROHR International, Inc. All International rights reserved.

Short & Sweet again on the specific market comments in this post, because today’s TrendView Market Alert is a pointed discussion of the most critical short-term technical area NOT being the (now violated) December S&P 500 future 1,430-20 range. In other words, there are lower supports which are more important… like the 1,400 area and its Tolerance in the 1,389-87 range, which was held on minor reactions when the market was on the way up into August and early September. It was also the heavier congestion on the way up into a temporary top in March-April. 

 

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