October 26, 2010

S&P 500 hour chart analysis

FOUR HOUR CHART
ONE HOUR CHART
  • Price remaining above 1184.72 will favour the bulls to push price higher.
  • Price trading below this level will be negative.
  • Price has moved above the 50 hour moving average which should favour bulls. Hour chart is also showing a range of 1177.22 - 1196.14.

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