Climbing Above Resistance
September 13, 2010 Analysis from Chris Kimble 

Technical analyst Chris Kimble starts the business week with a pre-market look at indexes on the move.

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In the 4-pack above, three of the four indexes have broken above falling resistance, which suggests that higher prices are to come.

Long-term falling resistance cannot be over looked and remains key for the big picture.

See the chart below and my blog comments on a high yield 6-pack for another sign of relative strength.

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For the most up-to-date Kimble analysis, check out Chris's blog: Kimble Charting Solutions.