Monday, June 14, 2010

SPX - Daily Market Thought 15062010

Test EMA200 and close below friday close. Wasn`t a good close but bears need to close hourly below 1077.
Key suport short-term range [1077,1082]. Close below 1077 expect 1065 possible extension to 1050.
Stochastic overbought conditions Rsi testing lower band neutral zone.
 Blue Trendline tuesday (15/06) sitting 1098.05
Resistance Key area [1100,1106].
Resistance Key level 1115 reversal trend short-term
Key level dowside 1077
Can see last update weekly and monthly SPX500
Can see here more thought about Indexes
Click to zoon in. Good luck folks


1 comment:

  1. Please add USO to your analysis.

    Thank You!


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