Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 11, 2012
S&P 500 Analysis after closing bell
SPX Yet to cross the crucial resistance band of 1422 - 1426 level as shown in first chart.
Daily chart also near Golden ratio.
Price managed to close above 50 SMA But price action does not look convincing for bulls yet.
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