Wednesday, May 29, 2013
SPX 30-Minute Chart 8 and 34 MA Cross
The 8 MA drops down through the 34 MA signaling bearish markets for the hours ahead. Price fell under the bottom trend line of the sideways triangle. The indicators are weak and bleak wanting to see lower price lows after any bounce occurs, in this 30-minute candlestick time frame. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.