September 26, 2012

S&P 500 Analysis after closing bell

  • S&P 500 Daily chart falling towards the up trend lines and crucial moving averages.
  • Weekly chart shows price falling back into the wedge pattern. Weekly close at the current levels or lower will be bad news for bulls. They should act soon to take price back above the resistance line of the wedge.
  • APPLE CHART ANALYSIS
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