Test Time for the Markets
May 17, 2011  Analysis from Chris Kimble 

Master market technician Chris Kimble looks at the NYSE Composite Index from both a daily and a weekly perspective. It's time for a major test, he suggests, and that goes for several other major indexes as well. Let's call it a major mid-term exam.

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Chris comments: Key tests of support are at hand in the NYSE and other major indexes on both a daily and weekly basis!

Correlation risk is very high. With so many key markets testing support right now, if one goes they may all go!


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