18/05/2013

SP500 at Friday close in the U.S. 1.655 is held and next target is 1.689. Close was 1.666.40

SP500 week. Last weeks bar broke above the long weekly channel and closed at the top. The weekly trend is now going nearly vertically.








SP500 day still holding within channel.










2 hr. When the US players saw the chance two hours before close they sent the last 2 hr bar up to the new all time high. There was not even profit taking, the market fully agreed to close at 1.666.40.






1 hr. Here you see a good picture of the last two hours which put the 1.655 R at peace and is already on its way to next Fib target 1,689.

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