Tuesday, February 28th
The most important market test may be very close at hand ... at least that is what the Institutional Index of "core holdings" is saying.
Take a look at today's long term chart and you will see what we mean. This weekly chart shows how in spite of the other indexes, the core holdings held by Institutional Investors is about to test its 12 year resistance line.
If the Institutional Index fails here, it would not be good news because the chart shows that the Institutional Index has made lower/highs and lower/lows since the year 2000 ... and that is the definition of a down trend.
Ironically, the 12 year anniversary is next month, and the Institutional Index is now between 2% and 3% from facing this formidable resistance.
Zitiert aus Quelle: http://www.stocktiming.com/Tuesday-D...rketUpdate.htm
Zum Vergleich der DJIA:
