September 10, 2013

S&P 500 Analysis after closing bell


  • SPX Weekly chart shows price moving up from the rising support line
  • Price has also managed to close back above 50 Day SMA.
  • Earlier price took support near 50% retrace level and is nearing potential resistance at the broken 23.6% Fib level and previous support resistance area.
  • IWM WEEKEND UPDATE
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