Thursday, February 12, 2009

S&P 500 - crucial point / punto crucial


English-
SPX - (monthly chart) - huge 'M" or double top figure and a test of the support line. A weekly close below the 790 level could give way to a test of the 677 level. Look for volatility in this important area.


Español-
SPX - (grafico mensual) - figura de "M"enorme en el grafico mensual y se encuentra en la linea de soporte de la figura. Un cierre semanal por debajo de los 790 puede dar camino a area de 677. Se espera volatilidad en esta ara.

Posted by Alpha Lobo Trading at 2:59 PM

1 ADD COMMENT / COMENTAR:

sellmbuymsellm,  February 12, 2009 at 4:58 PM  

That's a very menacing, evil looking M.

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