Blog description

My photo
A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Friday, March 20, 2009

S&P 500


S&P 500 found support at converging 50/200 hour EMA's.

Bottom-line is if these lines do not hold get short till a pit stop at 732 and then back to 666 and perhaps lower.....

Risk/reward is definitely on the short side....

For the Web's best interactive charts, please visit http://www.Prophet.Net
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)