Friday, February 26, 2010

SPX intraday update (Part 1)

 
Seems up is the way! While the price is above the MAE20 and 50 I will follow this chart.

SPX daily update

Looks like the bulls are in control and, at least, the price will be go higher than the last week highs. This pattern, since last highs, seems a double zig zag and now I'm following this chart.