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Strategies & Market Trends : E-Wave and TA Workspace
$SPX 2,570.37+0.3%9:55 AM EDTNews

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To: rdkflorida2 who wrote (208990)9/2/2017 11:33:17 AM
From: Henry J Costanzo  Read Replies (1) of 209012
 
GE....a quick look, RDK ..at something I have not regularly tracked in ages.

In a major downtrend this year, accelerating to the downside and failing to hold any/all intervening support areas..UNTIL yesterday's high-volume up-spike, which was able to break above the last downtrend from Jun/Jul..Any resulting follow-through advance will run into overhead resistance first at 25-26ish and then at 27ish.
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