November 14, 2011

S&P 500 Futures Analysis

  • One hour chart shows price near 50 Hour SMA which should save bulls from a deeper correction.
  • Four hour chart shows price nearing the middle portion of the triangle pattern.
  • If a turnaround has to happen it should happen from 50 Hour SMA.
  • S&P 500 TRIANGLE UPDATE
  • GBPUSD SUPPORT LINE

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