S&P 500 Caution Warning
July 14, 2010  Analysis from Chris Kimble 

Market technician Chris Kimble has received numerous emails about his S&P 500 and Gorilla Resistance post on Monday (second chart below). The top chart is his update.

Chris points out that some caution is needed due to a "dual rising wedge" pattern. A break of resistance is certainly good for equities.

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For feedback or more information, email Chris at KimbleChartingSolutions@gmail.com.