September 21, 2010

S&P 500 Intraday Update

CHART - II
  • The trend line is broken .
  • If gets resisted at 1144 index will remain in this range of 1134 - 1144.
  • Break of 1144 will target 1150
CHART-I
  • The correction from 1144 may last till 1134 levels. 1134 levels may give support for the index. One can go long when price breaks the upper trend line. 
  • Break of 1134 will be negative for the bulls

No comments:

Post a Comment