ES weekly support is at 1044.
Weekly MACD histogram is down but week is not finished yet. RSI starting to point down.
SPX weekly support is at 1051 and MACD histogram is down but week is not finished yet. RSI starting to point down.
SPX closed right near daily 15 MA support 1050.78.
Important ES numbers (see chart below): 1028, 1039, 1045, 1052, 1076
Move from 991 to 1076: ES has retraced 38% of the move.
Fibs from 991 to 1076 move (chart below): 1056(23%), 1043(38%), 1033(50%), 1023(62%), 1009(79%), 991(100%)
* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".
Thursday, September 24, 2009
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