Thursday, June 23, 2011

SPX Daily Chart Positive Divergence 200 Day MA

SPX daily chart showing that we are now at the lows from a few days ago. Also note the 200 day MA at 1263. The indicators are all lined up with positive divergence so they are hinting that a bounce is coming, all the major indexes have the same look. Have to let things play out today but a bounce from the blue circle would be suspected.This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.

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