January 16, 2016

S&P 500 Monthly Bearish Crossover


  • Moving average crossovers in Month Time frame has given good results for bulls and bears as shown 1st chart. Month time frame is getting ready for a Bearish Crossover. 
  • Second chart shows crucial support zone around 1880, Bears will remain strong below this zone.
  • One hour chart shows price in a trending phase below the cloud.
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1 comment:

  1. Please update about Nifty also..I m missing your study on Nifty components..
    Thanks

    ReplyDelete