Where are the stock markets going now : SP500 trend is still up. So far the R line for a daily close is at 607.72 which is very important for the big picture. The 2 hr trend has a very strong upside momentum and its first aim is to take and hold this R line. If broken you can see the following R lines on the 2 hr chart.

27/06/2013

SP500 trend is still up. So far the R line for a daily close is at 607.72 which is very important for the big picture. The 2 hr trend has a very strong upside momentum and its first aim is to take and hold this R line. If broken you can see the following R lines on the 2 hr chart.

SP500 day 04:31

SP500 2 hr 04:31

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