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YaKa
Mar 10, 2015 10:11 AM

SP500 hourly Update - Going through key support  

S&P 500 index of US listed sharesFXCM

Description

Key 2068 is being tested now.

What counts is the reading in close.

I think 2010 is going to trade in the next 2 weeks and may provide another bounce.

If my reading is correct: all these bounces will have no follow through.

In different time frames, SP500 is probably building a top and slowly expending its range.
Comments
look4edge
yes, like your path
also, around 2013 area is running weekly ema34 support, if broken then yearly pivot at 1957 and weekly ema 67 are not far from there, eventually 1885
look4edge
correct pic
imarketslive
Is a video i did for moneyshow last week moneyshow.com/articles.asp?aid=TradingIdea-42164 I agree with you, i saw your message pop up as i was checking the markets
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