Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 7, 2010
SPX Fibonacci levels
Today's GAP in SPX is yet to fill completely.
If the correction continues price may test the 23.6 Fibonacci level.
Price and MACD is showing negative divergence.
If price continues to sustain above today's GAP it will favor bulls.
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