July 25, 2012

S&P 500 Analysis after closing bell

  • SPX Bulls managed to close above 50 Day SMA.
  • Second chart shows crucial support levels on chart from 1306 - 1309 and  1325 levels and 200 Day SMA in between these two levels.
  • SPX Four hour chart shows price sustaining below the cloud. Bears need a break below 1325 to extend gains.

No comments:

Post a Comment