Friday, 16 October 2015

S&P 500 pushes definitively through September's high, near further trend line resistance

Daily chart. All sessions trade. Blue trend channel runs parallel to upwards corrective channels that capped rallies following the 2000 and 2007 peaks.

EUR/USD topped? Showing brief false upside break from range that has mostly contained it since January

Daily chart. Back in the range.

4 hour chart. Testing another trend line support, break would add confidence to the "topped" scenario.