My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 4, 2012
S&P 500 Reacting from Golden ratio
SPX Bulls unable to sustain above 50 Day SMA.
Price is moving down from Golden ratio
Crucial support zone between 1396 - 1403. Break below this level may result in a bigger fall. Sustaining above this zone may give an up move towards the cloud as shown in the last chart.
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