January 22, 2011

CHANNELS of SPY

  • SPY 30 minutes chart with support and resistance lines.
  • Break of support or resistance lines shown with arrow can give good direction.
  • Price action itself is in a big descending pattern so price may get resisted at the resistance line. having said that price breaking above the resistance line can resume the up trend once again.
  • Bulls will gain strength if price goes above 129.20.
  • TREND LINE OF GOLD

2 comments:

  1. Sorry San for coming back again...

    thanks for the link of GCI and i need a small clarificaiton....which one should i choose ? metatrader or cfd/share trading one...?

    ReplyDelete