Monday, September 3, 2012

S&P 500 - Sept 3, 2012

A couple of posts ago I posted a weekly chart with some line studies. Not much has changed as index is just below resistance of 1420 area



I also had a daily with some curve studies. This is an updated version






Notice how nicely index bounced off of the curve around 1395



1395 and 1384 are nearby support


1415 is important resistance to take and hold

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