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I know that awhile back 1120 on the S&P was a significant number. Is that still the case? TIA
Without looking at my chart. 1120-1125 area is about the 50% retracement of the move down, so yes it is still important.
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S&P 1120
Posted by 1carnut on 11th of Nov 2009 at 08:18 am
I know that awhile back 1120 on the S&P was a significant number. Is that still the case? TIA
Without looking at my chart.
Posted by jcomptonod on 11th of Nov 2009 at 08:39 am
Without looking at my chart. 1120-1125 area is about the 50% retracement of the move down, so yes it is still important.