February 26, 2016

S&P 500 Analysis after closing bell

  • 5 Minutes chart shows a trending move and Price has closed into the resistance cluster or bulls just managed to close above it. Bulls may extend the up move if price stays above the 5 minutes cloud.
  • 4 Hour and Daily chart shows price closing above the resistance zone. Bulls need to sustain above 1945 levels to extend this up move.

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