- SPX is testing its 50 Hour moving average.
- Hour chart is showing support near 1238 levels. Below this level Price may go down till 200 Hour SMA or 1215 levels.
- GOOGLE AT RESISTANCE LINE
November 9, 2011
- SBIN is closer to its Support and resistance lines in weekly chart.
- For bigger up moves price has to close above 38.2% Fib levels or close the week above the middle Bollinger band.
- Getting resisted at 20 Week SMA will favor bears. 23.6% Fib level has acted as support on weekly closing basis. So Week closing below 23.6% will be bad for bulls of SBIN.
- S&P 500 EOD UPDATE
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