PivotBoss Report for 01/23/12

January 23, 2012 in PivotBoss Report

The S&P 400 Index ($MID) is holding above a long term resistance level for the first time in nearly six months, which could pave the way for more strength ahead. Today’s intraday price action could introduce a nice surprise, as well. Here’s why…

PivotBoss Report for 01/05/12

January 5, 2012 in PivotBoss Report

The Russell 2000 Index ($RUT) continues to hold beneath a major area of resistance, which has held since December 2010. This level has been the major barrier between bulls and bears and will continue to be the zone to watch moving forward.