Since the last update we have, based on the analysis of the historical chart pattern, moved higher in the SP-500 and the other indexes as we expected.
SP-500 is nearing resistance so we recommend keeping a close eye on your stocks and on the SP-500. No one can predict whether we are going to go through the resistance or reverse and continue the downtrend.
We have pointed out the resistance zone and why there is resistance around that price level.
We also quickly look at HANS, a stock we featured in last update. It has rallied strongly and is now at prior high. Keep an eye on the resistance. HANS could break the prior high then the stock can easily continue the rally in the same strong manner we have seen last week.