Posts Tagged ‘upward momentum’


Posted by StockRake on May 16, 2009 in Market Comments, Technical Analysis

SPX Analysis

Based on the SPX break I see us testing these levels in this order: 877.52, 872.81, 871.79, 865.3, 858.73, 852.06, 841.5 The 870 levels probably get taken out the same day. Likely to bounce around and ultimately getting to the 858 level. As you can see on the chart above that 854.05 is where the …

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