April 27, 2012

S&P 500 Analysis after closing bell

  • SPX has closed above crucial resistance level of 1392.
  • Price has broken the resistance level of the double bottom pattern. Now sustaining above 1392 price may target the recent high's again.
  • Fib levels shows price above golden ratio. Next possible resistance at 78.6% Fib level.

No comments:

Post a Comment