Saturday, April 9, 2011

SPX - Weekly Market Thought - Overbought but the Pattern of last months for now Win

Expect the same scenario of last months is.... expect target end May/first week of june 2011 between [1415-1435].
Follow this scenario above 1305.26 weekly chart.
Short-term eyes downside suport area 1305.26 and first resistance upside [1367,1378] ( false breakout area)
Weekly close above 1378 expect = or > 1415.
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