Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 16, 2010
S&P 500 Broadening pattern
S&P 500 is trading in a broadening pattern. The above chart is of 30 minutes time frame.
Within the pattern it is trading in a range of 1118 - 1126. Once this range gets violated, index will move towards the support or resistance lines.
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