Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 16, 2016
S&P 500 Chart Analysis
Weekly MACD Looks good for a correction. Some more breakdown needed in daily chart to confirm weakness.
Bears need price to sustain below 50 day SMA.
Crucial numbers are 2039 and 2033. Below these levels bears will remain strong.
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