13/01/2012

SP500's situation now.

The last close at CET 17:00 for the 2 hour chart was the lowest close so far. It came in at 1.282:53. Now the market wants to test the earlier support points that were broken in the downtrend. First resistance on upside is 1.284.72, then 1.285:87 and finally the most important at 1.286.95.

All of these points must be taken back soon with a 2 hour close. If not a big fall will occur today or next Monday.

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