S&P 500 Review (Chart as of 25 June 2009)

As posted on April 30, S&P has some space for a bullish run. Previously I highlighted that it will face resistant from the kumo on the Weekly Chart. Following is an update: 1. As expected, the kumo on the Weekly Chart is fairly on the spot. S&P touches it and start making an about turn.… Continue reading S&P 500 Review (Chart as of 25 June 2009)