Stock Market Chart Analysis
My blog Analyses the trend and patterns of stocks, Futures, Commodities and Forex Markets
October 17, 2012
S&P 500 Analysis after closing bell
SPX Daily closed above 50 and 20 day sma.
Price closed above Golden ratio as shown in Hourly charts.
Now the next resistance zone is near the upper end of this trading range between 1467 - 1474. Bulls need a close above this level for a breakout.
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