January 13, 2013

S&P 500 Weekend update

  • First chart shows price testing weekly resistance zone of 1470  -  1474
  • Weekly MACD Lines are showing a bullish cross which should help bulls to break above the resistance zone.
  • Last chart shows possible resistance line. Price sustaining above 20 Week SMA Should take SPX  towards this resistance line. For next week the resistance line is around 1513 levels.
  • RIMM WEEKEND UPDATE
  • JP MORGAN CHASE WEEKEND UPDATE
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