Strike Analytics

NYSE Composite

8 Jun 201606:13 AM

NYSE composite - provides a broader market index to track for US equities. As the S&P gets close to the swing highs made all of last year it is a major resistance zone. The NYSE composite is reaching close to the 4th wave of lower degree or Oct swing high from where markets declined. This level is often a strong resistance zone as well and good for the next move lower to start.

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