July 26, 2012

S&P 500 Analysis after closing bell

  • SPX Month chart shows crucial support at 1305 which is the 20 Month SMA.
  • Weekly chart looks negative to sideways move with 1325 as the breakdown number.
  • Daily chart is looking positive as price is finding support near 50 Day SMA and lower Bollinger bands.

No comments:

Post a Comment