S&P 26 May 09

Posted by TobinChang at 5:37 PM Tuesday, May 26, 2009

Hi all . for those traders that are looking for more swing trades should start to avoid this zone as the market is starting to close in (closing wedge) . Weak buy & Strong sell after the break out but non the less we can see a price movement of 20 points . 

Cash index 880 - 870 are a look out area . CORRECTION down (2a) wave after trade lower . Look for VALID candle . Top down approach must set and calculate as we are only showing Daily chart . questions ? info@mmtta.com 

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