June 22, 2011

S&P 500 Daily and Hour chart analysis

SPX DAILY
SPX HOUR
  • SPX Daily closed near 20 day moving average.
  • SPX Hour is approaching 200 Hour moving average.
  • If price gets resisted here we may see a correction.
  • For bulls price should sustain above these Two crucial levels.
  • SPX ASCENDING TRIANGLE

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