Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 24, 2013
S&P 500 Analysis after closing bell
SPX Getting support near 20 Day SMA.
MACD may give a bearish cross provided price stays below the up trend line.
For a bigger fall price must break below the confluence of support at 38.2% Fib level and 20 Day SMA.
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