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YaKa
Apr 24, 2015 10:18 AM

SPX daily update 

S&P 500 index of US listed sharesFXCM

Description


New upside is marginal, limited and slow from top to top > Dont get fooled by resilience.

The important supporting moving average has shifted to the 160d ema.

Locally expecting a return on the 160d ema (4% lower).

Then there could be a last move up to 2140 (not guaranteed).

A correction to the 500d ema is probably pending (10% down).
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