July 29, 2012

INTEL Chart analysis

 
 
  • INTEL Weekly chart is moving up from 50 Week SMA. But price is near resistance levels like 50 and 200 Day SMA.
  • Price is near daily Ichimoku cloud which may act as resistance. For a bigger up move price must do a cloud breakout. Sustaining below the cloud will give shorting opportunities.
  • S&P 500 WEEkEND UPDATE

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