Where are the stock markets going now : SP500 2 hr first contact the 8 MA falls below the price which means to me that the trend will try upside now. The 15 min trend got buy signal. This trend has support at 1.613 so I expect a test of the top at 1.618. If the top is taken next target is 1.621.

06/05/2013

SP500 2 hr first contact the 8 MA falls below the price which means to me that the trend will try upside now. The 15 min trend got buy signal. This trend has support at 1.613 so I expect a test of the top at 1.618. If the top is taken next target is 1.621.

SP500 2 hr 10:11

SP500 15 min 10:15

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