S&P 500 Daily Feb. 03, 2010 

S&P 500 Daily Feb. 03, 2010

Posted by Hell7 on Thu, 04/02/2010 - 12:02 in

A zoomed in version of the daily S&P 500 chart shows that Wednesday is represented by a small inside bar, showing some indecision about where to go next.

Still waiting for a retracement to (at least) the 50% retracement of this downswing.


click chart for larger view
Note: this analysis is valid for trading on Feb. 04, 2010. A more recent one might be available here