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

No comments:

Post a Comment