July 17, 2011

S&P 500 Weekend update

  • SPX Weekly and daily chart shows a neutral to negative view going into next week.
  • Correction from 1356 is taking a pause now. Breaking last week's low 1306.51 will extend correction.
  • Daily close above 1331 will favor bulls for a retest of 1356 level again.
  • My new blog on Forex Market -FOREX TECHNICAL ANALYSIS

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