September 19, 2012

S&P 500 Analysis after closing bell

 
 
  • SPX one hour hits the up trend line.
  • Price also at 23.6% Fibonacci level.
  • Price near 50 Hour SMA.
  • Resistance line of 4 Hour may act as support. Breaking these levels will extend correction towards 1444 levels. Taking support here should resume the up move towards recent High's
  • EURUSD WEEKLY CHART ANALYSIS

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