Olu
Short

S&P500: Might be showing an S&H

FX:SPX500   S&P 500 index of US listed shares
281 5 10
Comments on the chart.
Comment: Early signs are good. Price is just under the 'neckline'
Comment: Price is below the neckline. However the break was not in style i.e I like to see a strong red candle which was absent here. I have to be cautious but the idea is still on
Market is toying with the neckline...
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my support line is much like your chart below.
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Olu Rob Wallace Williams
early signs are good...
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I agree with your observations. At the moment we are fighting with a support line that I expect to fail. The line is anchored to last fall and has some meaning.
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Good chart, very similar to the one I have done :) Lets see how Japan opens in a few hours! Hopefully it is an exciting week!
MAJOR INDEX OPPORTUNITY
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