The net-line levels provide signals when they’re penetrated on a closing basis. But they are equally useful when used as support and resistance levels when they are not penetrated. Yesterday was a good example as the S&P came right down to the net-line sell level and bounced off that support.
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December 10th, 2009 at 9:20am · 1 Comment
Tags: Euro · General Market Commentary · Gold · S&P 500