Monday, July 21, 2008

SPX Swingtrading analyse


MT trend - Down
Swing trend - UP
Pattern - pullback, at 1275+- rezist and bearish ML Setup
Indicators - Neutral
Senti: positive
Supports: 1.200 area
Rezists: 1.275+-, 1.315, 1.330+- and 1.370+-
MaxP.Target: 1.290+- for August

Swing Trade Action = Swing Buy after corection to 1.240+-, Target above 1.300 p., STOP bellow 1.200 p.