Friday, November 2, 2012

DailyMarkets.com - Updating SP500 And INDU Swing Structure And Key Levels

DailyMarkets.com - Updating SP500 And INDU Swing Structure And Key Levels

Updating SP500 And INDU Swing Structure And Key Levels

Posted: 02 Nov 2012 08:23 AM PDT

What are the key Daily Chart levels in the S&P 500 and Dow Jones Industrial index and – taking it one step further – what does the current swing structure suggest about the next move?
Let's update the Daily Charts and Intraday Structure Charts for these indexes, starting with the S&P 500:

A quick look at the Daily Chart shows us the current EMA resistance cluster near 1,430.
This will be the key pivot level that will define a bullish bias (breakout) above 1,435 and 1,440 (which … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
at

No comments:

Post a Comment