April 15, 2011

S&P 500 Analysis after closing bell

  • Price in hour chart is trading below 50 hour moving average.
  • Price in daily time frame has managed to close near 50 day moving average. 
  • Fib levels of 23.% or 38.2% has to be broken on closing basis for getting the next direction in SPX.
  • GOLD CHART ANALYSIS

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