Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
November 2, 2011
S&P 500 Analysis after closing bell
SPX has fallen below its 200 and 100 Day SMA.
Price may retest 50 Day SMA.
Fibonacci values also shows possible support between 38.2% amd 50%.
Bears can extend gains if they manage to close below 50 Day SMA.
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