December 15, 2011

S&P 500 Analysis after closing bell

  • Price has closed below all crucial moving averages in daily time frame.
  • Weekly shows price about to test 20 and 100 week moving average. This level might hold for some time. This time frame also shows 20 week crossing below 100 week which is a medium term bearish signal.
  • Four hour chart shows possible supporting trend line and fibonacci levels.
  • GOLD SUPPORT LEVELS

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1 comment:

  1. sammyDecember 15, 2011 at 5:29 AM

    San, this is cool
    NEW BUY SELL INDICATOR
    http://markethighsandlows.wordpress.com/2011/12/14/update-new-buy-sell-indicator-daily-sp/

    ReplyDelete

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