My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
September 24, 2012
SPY Support levels
SPY 4 Hour chart with up trend lines and 50 period SMA as support levels.
Breaking below 38.2% Fib level may extend the correction towards the golden ratio. An up move may happen from the first up trend line or the 50 period SMA.
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