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Sunday, November 29, 2009

(1) S&P 500 Chart For Coming Day's ::


S&P 500 :: In weekly chart, S&P 500 treading near vary crucial juncture. Exactly in 50 % of Price and Time target zone. Formed like bearish Gartley pattern… If this structure works then we see breakdown of red rising trend line and sharp fall in next 3 to 5 week. May be this sharp fall start from next week and reach 840 to 790 price target in coming day’s.. Till then wait and watch, stay away, watch carefully 50% of Price and Time target zone.. Remember this chart pattern we plot in weekly chart so be passion and watch weekly close for any directional action.. If weekly close above 50% then buy,(risk reward ratio is vary high in buying), if weekly close below red rising trend line then sell..

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