When prices reach very long term resistance, is it break out or fade time?

Previous Post: All time high market, where to look for shorts

The Semi conductor index (SOX) is ON the long term resistance line, and a great place to look for long term shorts.

Stocks like: INTC, TSM, AMAT, TXN, BRCM, MU, SNDK

NOW, the SOX chart has arrived at the massive resistance, and other market indexes are poised for new highs or failure at all time high resistance, folks time time select your short stocks, if required. Wyckoff folks know to watch for a lower high before trade execution.

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Investing Quote...

.."If we wish to avert failure in speculation we must deal with causes. Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. Faraday said: `There is nothing in the Universe but mathematical points of force."...

William D Gann


.."The stock market is filled with individuals who know the price of everything, but the value of nothing"..

Philip Fisher

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