28/05/2013

SP500 has probably seen todays high. In 2 hr chart below the left bar from current which ran from 16:00 to 18:00 closed at the bottom. Currently the 8 MA is holding the last bar from falling further. The MA is not strong enough to hold another rally up to today's top. Is the rising bond yield already biting?

SP500 2 hr 18:32

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