25/03/2014

SP500 big picture March 25,2014.

Month. The trend is strongly up with no weakness








Week. Trend is strongly up with no weakness








Day. Trend is sideways. The 8 and 21 MA are close to each other with no clear signal for today.







2 hr. Trend is sideways in the range 848 - 884. Now 858. The crucial 855 is expected to hold so the way up to 884 is open. The main resistance lines are at 868 and 876. The 100 has crossed the 200 on downside making the 100 MA at 861 the first R. The falling 21 and 50 MA are next R points. Next big move within the range is currently difficult to forecast. This is the day traders market and the investors should still keep their long positions.

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