XJO 0.88% 7,959.3 s&p/asx 200

Weekend Charting and Chat - 16th October 2015, page-7

  1. 533 Posts.
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    A SP500 chart comparison of 2011 and this year through a similar bearish period (50 < 100 < 200d SMA) and time period, big low in Aug.

    Price has regained > 50 SMA zone, tested Aug reaction Hi, now Support, and broken > Sep high. Looks like it's gunning for the 200d SMA and June low zone. MACD lines back > 0 and rising.
    Screen Shot 2015-10-17 at 7.38.02 am.png
 
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