June 21, 2011

SPY Resistance line

CHART-III
  • SPY Breaks the resistance line as discussed in the second chart.
  •  If price sustains above the breakout level next target is 130.40 level
CHART-II
  • SPY Hits the resistance line.
  • Price momentum is with the bulls so a breakout is likely to happen.
CHART-I
  • SPY Four hour chart with resistance line.
  • Price may reach 129.50 level.
  •  Further up move will be possible only if price sustains above the resistance line shown in the chart.
  • SPX ASCENDING TRIANGLE

1 comment:

  1. San Sir,
    if u have time could u update chart of crude and copper with ur precious views.
    Thanks
    regards

    ReplyDelete