Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
April 5, 2012
SPY Four hour charts
SPY Four hour testing 50 period SMA.
Price is also near the Ichimoku cloud of four hour time frame.
Getting support here may help bulls to resume the up trend.
Breaking below these two levels may change the trend in favor of bears and bigger fall might unfold.
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