October 20, 2010

S&P 500 Analysis after closing bell

  • Weekly chart with Fib levels. Resistance seen at 78.6% levels.
  • daily chart is shown with 10 DMA. 
  • SPX breaks and closes below 10 DMA. 
  • During this up move close below 10 DMA has been bought by the bulls. Lets see how this one goes.
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