Tuesday, 22 October 2013

S&P500 uptrend hit a resistance today, uptrend might slow down or halt these few days

Dear Friends,

The S&P500 has been the better performing index these few days, after breaking all time high. But looking at our proprietary indicator, the CRS system, it shows today the uptrend may have halted. If today S&P500 futures can close below 1738.04, it would mean S&P500 might consolidate sideways or drop a bit.

So take note of 1738.04 figure today.


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