Thursday, March 05, 2015
Posted by Declan Fallon at 10:29 PM
Wednesday, March 04, 2015
The S&P tagged support at 2094 and the 20-day MA at 2090. Bulls will need to step up to the plate tomorrow if such key support is to hold. Lose 2093 and 2064 comes into play. Volume climbed today to register as distribution.
Posted by Declan Fallon at 10:32 PM
Tuesday, March 03, 2015
The S&P is trading close to breakout support, and the 20-day MA is fast approaching to lend a hand. If bears were able to break both these levels it would open up for some downside. Although, fresh support would quickly emerge at converged 2064 support and the 50-day MA, but beyond that there is room down to 2000/1990.
Posted by Declan Fallon at 10:07 PM
Monday, March 02, 2015
Posted by Declan Fallon at 10:51 PM