August 9, 2010

Ascending Triangle of S&P 500

  • S&P 500 hour chart is showing an Ascending triangle pattern.
  • 1128 is acting as the resistance. Break of this level and a close above it can give some more upward momentum for the index.
  • But the index may find it difficult to cross this level in the short term.
  • DOW JONES FUTURES RESISTANCE ZONE

No comments:

Post a Comment