S&P 500 : Week ending 20 March 2009

S&P 500 has a distribution day on 20th March 2009.  We can see that S&P continue to face resistant at the 800 level. A break through above this level could suggest continuous ‘up trend’. However, we need to be careful about a continuous ‘bear rally’. With this turn, the chart is suggesting the rally is… Continue reading S&P 500 : Week ending 20 March 2009