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Large & Small Cap Stocks Facing 800-Pound Price Resistance!

Large & Small Cap Stocks Facing 800-Pound Price Resistance!

by Chris Kimble | Apr 21, 2020 | Kimble Charting

The stock market rally from the March crash lows has been sharp but lumpy. The S&P 500 Index and large cap stocks have lead the way higher, while the Russell 2000 Index and small cap stocks have lagged. That said, today’s chart highlights a significant overhead...
S&P 500 and its 800 Pound resistance line

S&P 500 and its 800 Pound resistance line

by Chris Kimble | Jan 23, 2012 | Kimble Charting

CLICK ON CHART TO ENLARGE On 1/11, the “Power of the Pattern” reflected that an 800 Pound resistance line was 3% above prices, at the time of the post (see post here) From a multi-year perspective the S&P 500’s rally of late has pushed it up...

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