Charts suggest new highs 'could be on the table' for the S&P 500, Jim Cramer says

johnN

https://www.google.com/amp/s/www.cnbc.com/amp/2020/06/18/jim-cramer-charts-suggest-new-highs-are-in-store-for-the-sp-50.html

Charts suggest new highs 'could be on the table' for the S&P 500, Jim Cramer says
PUBLISHED THU, JUN 18 2020 7:47 PM EDT
Tyler Clifford

"The charts suggest that new highs could be on the table," CNBC's Jim Cramer.
A chart analyst sees a scenario where the S&P 500 runs 9% from Thursday's close to a new high near 3,400.
"The next ceiling of resistance is around 3,250, if we can clear that hurdle, Garner believes it's smooth sailing to that high," the "Mad Money" host said.





...he does point out reasonable sp500 future directions

Old_Skeet

I'm thinking that the chart analyst that you are thinking of in the above post is Carley Garner. I don't usually watch the whole show but I did catch the part during yesterdays chart presentation.

I have linked below the bio on Ms. Garner.

https://en.wikipedia.org/wiki/Carley_Garner

hank

"The next ceiling of resistance is around 3,250, if we can clear that hurdle, Garner believes it's smooth sailing to that high," the "Mad Money" host said.

Geez - The stock market really has become a Casino.

davidrmoran

Old_Skeet said:

I'm thinking that the chart analyst that you are thinking of in the above post is Carley Garner. I don't usually watch the whole show but I did catch the part during yesterdays chart presentation.

I have linked below the bio on Ms. Garner.

https://en.wikipedia.org/wiki/Carley_Garner

I love

'Magna Cum Laude accolades'

me too!