mercredi, septembre 19, 2007

SP 500 bullish breakout

Yesterday the SP 500 validates a bullish pattern on high volumes.(some analysts see a triangle others an inverse head and shoulders)
Moreover the index was able to break above 2 important resistances and reintegrates the long term bullish channel.
The target of the pattern is around 1600 and possibily higher (top end of the channel)

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