April 23, 2012

S&P 500 Futures Support levels


  • Price nearing an important support line of a bearish pattern.
  • Breakdown below the support line should also takeout 100 Day SMA on closing basis for a bigger fall to happen.
  • Unable to break 100 Day SMA should result in a long trade.
  • INTEL RISING WEDGE AND NEGATIVE DIVERGENCE


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