Wednesday, April 15, 2009

SPX Key supports lines and larger fib target

807 and 753 are the two key numbers. Not pictured is that 753 was also very near the close on 11/20 and 11/21(but not the spike low). Most support lines were drawn on a 60m chart, but I used daily for more powerful picture of how overbought all indicators are.


Keep it civil and respectful to others.