Yet I've just now, moments prior to slipping away for lunch, discovered the tastiest chart of the day. Here she is:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgyixhKRvvOHt1Qm7_5xFyJcuY1CmVB4UkR8dkuIUouwMI1f-kM8jMUZqP5M4nwf0kGp-tEGj1VySygTMTdVXZ21G9iTY6-QMb92YuPwxRDDmT_FYQMPhIoyQSCEEAXmAuTj2c_2Ya-cxM/s320/gs.bmp)
That's right, GS, the bellwether of bellwethers, is lining up for possibly significant up or down movement (with probability to the downside), coming up as it is to a trio of significant resistance forces:
1) A robust price channel dating from March 5, 2010
2) 200-period simple moving average, using hourly bars (non- extended hours) as periods
3) The psychological resistance of $140.0
Do I hear some bears roaring?
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