S&P 500 : Critical Point 1411.2 *LINK*

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Melbourne Qindex 09:35 GMT March 29, 2012 - My Profile
S&P 500 : Critical Point 1411.2 : Reply
S&P
Entry: Target: Stop:

S&P 500 : Critical Point 1411.2

The monthly cycle congested area indicates that the market has a tendency to trade within 1326.1 and 1412.2. A critical barrier is positioning at 1407.7 // 1411.2. As shown in the monthly cycle charts the market is under pressure when it is rejected from the barrier at 1401.4 // 1402.9. The recent high is 1407.8 (Mar 23). The odds are in favour of maintaining a short position.

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http://www.youtube.com/watch?v=dZEGYpXE5B4

SP 500 : Monthly Cycle Charts
http://www.qindex.com/sp500-future.html

SP 500 : Monthly Cycle Charts

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