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Tuesday, June 12, 2012

18 There is a S & P 500 technical analysis update may 2012

SP-500-analysis-2012-05-18.pngSPX ( S & P 500) No. 5 times continuously trading yesterday, delete. The NASDAQ looking like strong downward pressure on was a decrease in large high-tech shares experience. S & P index 3.31% so far number: falling in the month of 6.7% in May. A non-volatile is expected to decrease in the short term potential speculative short, around 1285-1289, area and starting fresh is liquidated if interests. The daily high 2011 / 10 / 27 as highlighted in the daily graph is consists of potential technical support areas before resistance from and the 38.2% Fibonacci retrace the last down wave. As a counter trend rates than seen in any movement, high momentum strong, S & P 500 falling now will shows signs of slowing down. Shin-1 5, failed a subsequent drop in near "double top" chart patterns have left recently range highs. This drop is the 4/2/2012 almost 4 years of high come from the set point. S & P 500 SPX ( ) daily chart

SP 500 analysis 2012 05 18 thumb S&P 500 Technical Analysis Update may 18th 2012

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