Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
June 1, 2012
S&P 500 Analysis after closing bell
SPX Falling wedge daily chart shows a range between 1291 and 1334
Price is also stuck between 20 and 200 DAY SMA.
Four hour chart shows a possible falling wedge pattern which will come into play if 20 Day SMA is taken out on closing basis.
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