Index Charts – Within and Without Trendlines

By | June 17, 2015

The hammers that formed on Monday held, despite very weak futures action going into yesterday’s open, and the indices were able to close on Tuesday near their highs of the day. As the manic/depressive short term action continues, the intermediate term trendlines continue to contract on an intersecting course which, at some point will be interrupted by a breakout or a breakdown.

6617.INDEXweeklychart

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