Monday, October 22, 2012

S&P 500 Update

S&P 500

  • Rectangle based on AB 
  • AE (1x3)  is a minor price and time harmonic: breaking below the star at E would be considered bearish resulting in a possible decline tasking place below line BC.
  • A close > 1460 would be considered bullish.
  • The April high should act as significant support. (blue horizontal line)

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