Home > market analysis, technical analysis > S&P 500 head & shoulders neckline breached

S&P 500 head & shoulders neckline breached

Even though S&P 500 head & shoulders top – neckline breached decisively… last week’s rally has been on low volume and market is testing support at 20 day moving average…

Technical Analysis of S&P 500 stock index on July 12, 2010

Source: stockcharts.com

the next couple weeks will provide some fundamentals signals on where the market could go for the rest of the year…

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