The indicators are mixed but closer technical analysis reveal a clearer picture for the near future of S&P 500.
clipped from currencymarketupdates.com
S&P 500 at Two Week Low – What Comes Next?

June 17th 2009

I would like to share this look at and analyse the S&P 500 with you.

The SP 500 index is showing down on the 200 Day indicators yet up on the 50 Day. While it is in the trading range the MACD shows a downward trend putting pressure on the market.

The tenor of the market has changed so it may be well to expect a downward erosion at this time.

In addition to the two trend lines that are graphically illustrated in this short video,

there are also two other tech indicators to take note.

I suggest you make the effort to watch this short video with my compliments.

Remember, as always, there no need for registration or plugins.

When you have watched it, I am sure you will see how you can benefit from these indicators.

All the best,

Tom Nadir
Market Club

Market Club
The contents of this report are compiled by Tom Nadir for information purposes only.
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