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 US stock discussion v4, Bulls-Bears HUAT AH!! Pigs get slaughter

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dinamika
post Nov 25 2011, 10:10 PM

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S&P 500
Bearish below 1161 with 1142 & 1135 in sight.

The upside penetration of 1161 will call for a rebound towards 1168 & 1182.
Comment: the RSI calls for a new downleg.
Pivot: 1161

This post has been edited by dinamika: Nov 25 2011, 10:16 PM
dinamika
post Dec 9 2011, 01:05 AM

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Pivot point stands at 409.

Preference: As long as 409 is not broken up, we favour a down move with 376 and then 363 as next targets.

Alternative scenario: Only the upside breakout of 409 will invalidate our bearish scenario. In this case, a recovery should shape towards 416 at first, and then 426.

Comment: The daily technical indicators are bullish but are close to resistances.

Trend: ST limited decline; MT bullish.




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dinamika
post Dec 15 2011, 12:54 AM

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The euro is finally catching up with the crisis

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