Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
December 8, 2012
SPY Weekend update
SPY Managed to close above 50 Day SMA.
But bulls has Golden ratio, Daily Ichimoku cloud and the falling resistance line which may act as stiff resistance levels.
Weakness on price falling below 140.13 levels. For bigger up moves price must sustain above the resistance levels mentioned above.
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