As evidenced by the first chart, SP500 15-minute, the past
three Monday's have not been kind to the market. In each instance the
market has rallied to the 896-917 level and has fallen away. The second chart, SP-500 5-minute, provides a
close-up view of the first level of resistance � last Friday�s (11/28) closing
bar, weekly-high of 895.76. As you can
see, this week�s closing bar also provides the high of the week (879.22).
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