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SUPPORT & RESISTANCE  |  September 30, 2003
The S&P 500 And Its Lines
Support and resistance levels on a chart can be excellent areas to place buy or sell signals. They should not be confused with trendlines that connect the lows or highs of a trending range. Here is a chart of the S&P 500 Daily Index and various "lines" that can be useful.
by Koos van der Merwe

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