S&P500 failed to stay above 950, therefore the flag formation is out the picture. We experienced a fake move up then it droped sharply. As I said in my previous post we are in the consolidation phase.
Monday, June 15, 2009
S&P500 Technical Chart,June 15th
S&P500 failed to stay above 950, therefore the flag formation is out the picture. We experienced a fake move up then it droped sharply. As I said in my previous post we are in the consolidation phase.
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