A choppy-looking rally and a big resistance level seem like a good recipe for a pullback. How the stock market handles it will say a lot about this rally. It's been two weeks since we noted that stock indexes were facing major resistance here — and two weeks later, they're still struggling with this important zone. The S&P (first chart below) has become choppy and overlapping as it hits 878 resistance. With…
Читать дальше Technical Analysis: S&P Hits Headwinds