Where are the stock markets going now : SP500 opens Monday trading with a gap up to a high of 1.656.97. Fist question this week is if the index can hold this level or higher. It is just below 8 day MA as well. Observe the very strong monthly and weekly trends with the 8 MA far below. For a bear market these two MA's need to turn down and that will take time.

27/05/2013

SP500 opens Monday trading with a gap up to a high of 1.656.97. Fist question this week is if the index can hold this level or higher. It is just below 8 day MA as well. Observe the very strong monthly and weekly trends with the 8 MA far below. For a bear market these two MA's need to turn down and that will take time.

SP500 month 01:41

SP500 week 01:41

SP500 day 01:41

SP500 2 hr 01:41

SP500 1 hr 01:41

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