Friday, April 19, 2013

Downtrend of Futures

Mid-day April 19 2013

There are many different ways to look at the futures, involving different time frames. If you look at the S&P 500 futures from the action since the recent all-time high, we are in a definite downtrend. Note that the 1550-1560 region is really the dividing line right now.

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