S&P500 Hourly Charts
Currently the US Index S&P500 is in Positional Sell mode since 14th of March and currently the resistance zone comes around 1884.14 strategy will turn to positional buy mode if the resistance breaks on the hourly charts. And Dowjones is currently in positional sell mode with support zone coming around 16170. Strategy will turn to positional sell mode if the support zone breaks on the hourly charts.
Dow Jones Hourly Charts
Related Readings and Observations
S&P500 and Dow Jones Hourly Charts February Overview – III Currently Both the US Indices S&P500 and Dow Jones are in positional Buy mode since 7th Jan 2014. Currently the support zone coming around 1824 and 15988 respectively. Position will be […]- S&P500 and Dow Jones Hourly Charts February Overview – II Currently Both the US Indices S&P500 and Dow Jones are in positional Buy mode since 7th Jan 2014. Currently the support zone coming around 1801 and 15784 respectively. Position will be […]
- S&P500 and Dow Jones Hourly Charts February Overview – I Currently Both the US Indices S&P500 and Dow Jones are in positional sell mode for a long time since 2nd Jan 2014. Currently the resistance zone coming around 1820 and 16121 respectively. […]
- S&P500 and Dow Jones Hourly Charts March Overview – I Currently Both the US Indices S&P500 and Dow Jones are in positional sell mode since 3rd March 2014 and trading very close to the resistance zone. Currently the resistance zone coming […]
- Why S&P500 is poised for a 10% correction again? Last time I wrote about what could possibly go wrong with S&P500 index spotting a fundamentally overvalued reason and Price action on quarterly charts. This time it is more of a simple […]
- What Could Possibly go Wrong with S&P 500 S&P 500 index is at the extreme positive sentiment getting into a sort of parabolic move. Since March 2009 $SPX moved from the low of 666 to 3329 levels. That is 5 times of returns since […]
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