AI
Wednesday, June 26, 2013 12:57:51 PM
FOOT
Any comments on this chart ?
.
S&P 500 Breaks Bullish Support Line On P&F Chart
June 25, 2013 at 11:44 AM | written by Arthur Hill
With a move below 1570, the S&P 500 broke the blue Bullish Support Line and a new Bearish Resistance Line has been drawn (red).
Looking at price action, there is a lot of support in the 1535-1540 area and this is the next target. Notice the three O-Columns that mark lows here in March and April.
.
Any comments on this chart ?
.
S&P 500 Breaks Bullish Support Line On P&F Chart
June 25, 2013 at 11:44 AM | written by Arthur Hill
With a move below 1570, the S&P 500 broke the blue Bullish Support Line and a new Bearish Resistance Line has been drawn (red).
Looking at price action, there is a lot of support in the 1535-1540 area and this is the next target. Notice the three O-Columns that mark lows here in March and April.
.
CHARTS TREND FOLLOWER
http://investorshub.advfn.com/boards/board.aspx?board_id=12981
Discover What Traders Are Watching
Explore small cap ideas before they hit the headlines.
