Tuesday, September 28, 2010

Daily and Weekly S&P 500 Charts

  • The S&P is bullish on the weekly chart all the way to 1200, a break of that resistance zone would signal a lot of upside to come.
  • The daily chart is a little extended with numerous negative divergences. So, a small pullback is due, at minimum. We will watch key support levels for buying opportunities.

Weekly S&P 500

Daily S&P 500

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