April 13, 2012

S&P 500 Analysis after closing bell



  • SPX Daily chart shows price moving up and closing above 50 Day SMA.
  • Bulls may regain momentum once closing above 20 day SMA.
  • Support taken at 78.6% has done well so far.
  • One hour chart shows 200 Hour SMA and the Hourly cloud which bulls must cross to continue this up move.
  • AUDUSD CHANNEL BREAKOUT


1 comment:

  1. VERY GOOD ANALYSIS....
    http://technicalanalysiscentre.blogspot.in/

    ReplyDelete