July 17, 2012

S&P 500 Analysis after closing bell

  • First chart shows trend lines and support lines which must be taken out for a bigger move to happen.
  • Second chart shows the range 1325 - 1374 which must be broken for a bigger move.
  • Last chart shows rising support levels with the up move of 200 Day SMA. For bears closing belwo 200 SMA will result in a bigger correction.

No comments:

Post a Comment