beyondta
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spx500
trendanalysis
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despite strong signals to buy, we are still continuing regression channel with bottom retracement at 12900 - ish. Next week we should see at least one retracement.
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I would say nobody expected so good Japan economy outcome - import weak, export strong. Bravo Yen.
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we started a channel of consolidtion which in few weeks will give straight answer about the bullish mode. There has been few rejection as on the chart. I predict we will still see testing around 4092. before it gets better.
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looks like could end up soon. Strong resistance forming typical patters for bulls
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