SPX - by moguita

Friday, May 13, 2011

A diferent chart today. Is the weekly
At the bottom of 2009 we had a bullish "engulfing" pattern. Now we have a bearish "piercing" line.
Now we are seeing a series of bearish divergencies similar to the bullish ones in 2009, but we still need to break the 1250 level to a confirmation.

Good luck



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