ARTICLE SYNOPSIS...Is this really the top of the massive upswing that started way back in July 2010? Probably so, but will the support level near 1235.00 in the S&P 500 hold back a strong wave of selling pressure?
ARTICLE SYNOPSIS...The immediate target for a particular stock or index can be measured by using simple technical tools or trendlines. A long-term and very short-term target for the DJIA can be identified using these simple techniques.