Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 21, 2010
SP 500 facing resistance
SP 500 is not able to cross the 50% fib retracement level.
Any upside targets are possible only on a successful close above the 50% level.
SP 500 is not looking as strong as Dow which has managed to gap up above its 50% retracement level.
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