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[RT] Fw: StockTiming: WATCH this Index.



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----- Original Message -----
Sent: Friday, April 17, 2009 8:57 AM
Subject: StockTiming: WATCH this Index.

A Major Double Resistance is now facing an important index.

See today's update for which index this is, and what to watch for.

This important test involves an October to April resistance line has 4 touch points ... each where a failure and reversal to the downside happened.

That special test is about to occur again ... Only this time, it will be a "double resistance" test.  The second resistance is coming from a 2 year resistance line.

If this Index fails to trend above these resistance lines, then that will be a problem for the current rally to face.

Please click this link to go to today's stock market update:
http://www.stocktiming.com/Friday-DailyMarketUpdate.htm
(If you are having trouble with the link, copy and paste it in your browser.)

Regards,
Marty Chenard
 
StockTiming.com
80 Botany Drive
Asheville, NC 28805
Tel: 828-296-1200

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