The Traderszone Network

Published in TZ Latest News 22 April, 2016 by The TZ Newswire Staff

Overhead Resistance Holding – Weekly Chart Review

For the week, we saw the DecisionPoint Scoreboards switch from short-term PMO SELL signals to BUY signals, but now the NDX may be leading the way with a new PMO SELL signal. The SPY is very close to a PMO SELL signal. The pullback began and the result is overhead resistance holding.
The purpose of the DecisionPoint Alert Daily Update is to quickly review the day’s action,