Friday, December 2, 2011

S&P End of Month - October 2011

SP-500 End of  Month Chart - End October 2011

Last Month's Post (from Mailbox)

On Tue, Nov 1, 2011 at 6:57 AM,> wrote:


October 2011 ended...we wanted to see if the S&P (US) would pierce the Monthly channel line...see attached chart....on the last day of October, the index fell 2.5% :) to close in what looks exactly like a pullback to channel....leaving the Bulls real worried...(next hope is if November 2011 will close above 1266) reading for October 2011 is 1253 (double check with yahoo or other sites) and Bulls wanted the index comfortably above this level on month end ...