mercredi, juin 27, 2007

TA-double tops update

Today many equity indices are close to confirm double tops patterns.
In the US, the SP 500 is already trading below the neckline.
If they don't quickly move above this danger level (1490 for the SP 500) then I'm betting on a retest of the 200 day moving average in the coming weeks.(+-4% decline).

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