Friday, March 11, 2016
20160311 TRADER'S MAZE WEEKLY WRAP
What the week brought new from the technical point of view
-- $DAX Busted falling wedge with kiss of Good Bye to the resistance line or failed attempt to break the pattern?
-- $HSI No change from last week ... China still in downtrend
-- $SPY Intraday
-- $SPY DAILY - it will now test important resistance
-- $GLD WEEKLY - Gold now quite oversold but it still holding to it's gains
-- $VIX - stays withing rising channel after bounced from the channel floor
From this week's headlines:
This 4,000-Year-Old Financial Indicator Says That A Major Crisis Is Looming | Zero Hedge
And a bonus chart
-- The Origins of SP500 1850 support.