October 18, 2011

S&P 500 Analysis after closing bell

  • SPX Hour chart shows price falling below 20 and 50 Hour moving average.
  • In daily we have a bearish engulfing pattern. Price ye to break below 20 and 50 Day SMA.
  • Weekly chart shows price falling down from resistance levels.
  • This fall will pickup speed once it stays below 20 and 50 DMA. 
  • AAPL NEGATIVE DIVERGENCE

No comments:

Post a Comment