As of 12/20/2024
Indus: 42,840 +498.02 +1.2%
Trans: 15,892 +32.54 +0.2%
Utils: 986 +14.76 +1.5%
Nasdaq: 19,573 +199.83 +1.0%
S&P 500: 5,931 +63.77 +1.1%
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YTD
+13.7%
0.0%
+11.9%
+30.4%
+24.3%
|
 44,200 or 41,750 by 01/01/2025 16,100 or 17,700 by 01/01/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 |
As of 12/20/2024
Indus: 42,840 +498.02 +1.2%
Trans: 15,892 +32.54 +0.2%
Utils: 986 +14.76 +1.5%
Nasdaq: 19,573 +199.83 +1.0%
S&P 500: 5,931 +63.77 +1.1%
|
YTD
+13.7%
0.0%
+11.9%
+30.4%
+24.3%
| |
|
44,200 or 41,750 by 01/01/202516,100 or 17,700 by 01/01/20251,050 or 975 by 01/01/202520,500 or 19,300 by 01/01/20256,100 or 5,775 by 01/01/2025 | ||
Released 3/30/2022.
Below is a support and resistance quiz. Captions appear below the pictures for guidance, so be sure to scroll down far enough to read them.
What chart patterns can you find? Look for the following (if you find others, great!): 2 broadening tops, 2 symmetrical triangles, ascending triangle, double top.
Question: Price is about to rise. Where will it stop?
The red line is where the prior chart ended.
The blue lines show overhead resistance, and the green lines show support. I drew the lines from the peaks and valleys to the right of the red line, backward to the left.
This is the weekly scale. Price is about to turn down. Where will it stop?
The inverted roof is a new chart pattern, rarely seen, but this is a good looking one on the weekly scale. The green lines are the support or resistance zones, extended from the valleys right of the red line back to the left. Generally, the peaks support price.
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My Stock Market Books
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