MT: DOWN
ST: UP
PA: NA
On a intra-day basis, prices are strong and it has closed above its 75ma. The resistance now is at 1800 and the 60min 200ma at 1814.70
Friday 7 February 2014
7 Feb 2014
Yesterdays ST was right, and I have taken out my shorts for a small loss. The SPX has closed under its Daily 75ma and is now being met with the 20ma as well. There will be strong resistance here, and it must be confirmed before taking on short position. Yesterdays analysis of the EW pattern is a good example of how things could look but is not the case.
MT: DOWN
ST: UP
PA: NA
On a intra-day basis, prices are strong and it has closed above its 75ma. The resistance now is at 1800 and the 60min 200ma at 1814.70
MT: DOWN
ST: UP
PA: NA
On a intra-day basis, prices are strong and it has closed above its 75ma. The resistance now is at 1800 and the 60min 200ma at 1814.70
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