January 11, 2012

GOOGLE falls to 50 day SMA

  • Google Weekly chart falls to 50 Day SMA.
  • MACD has given a sell signal.
  • Daily candle closing below 50 SMA will extend correction.
  • Weekly chart is falling after a shooting star pattern.
  • Week closing below 619 will be bearish and correction may extend towards middle bollinger band.
  • S&P 500 ANALYSIS AFTER CLOSING BELL
  • CRUDE OIL PAUSES AT GOLDEN RATIO

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