Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
August 5, 2011
SPY Trend Update
From 5 Minutes to 30 Minutes price is still below 50 period moving average.
Bulls are finding it difficult to hold on even in the 5 Minutes chart.
A definite change will happen above the cloud in 30 Minutes time frame.
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