September 7, 2010

FLAG of S&P 500

RANGE IN 10 MINUTES CHART
  • There is a bear flag developing in S&P 500's 10 minutes chart.
  • But the indicators in bigger time frame like hour is in oversold territory which can give a small bounce from here.
  • We can get a clear direction if the range of 1092.85 - 1097 in 10 minutes gets broken.

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