At the end of March I came to you with the first technical analysis for S&P 500. It was right after very strong rebound rally which brought more than 20% gain. This beats many historic records.
Adam Hewison started to follow closely S&P index and predicted successfully profit taking after index reached almost level of 61% of Fibonacci retracement.
Monday and Tuesday profit takings sent the index lower by 3% at the beginning of last week. But the rest of positive week days sent S&P 500 higher to forth consecutive winning week.
Adam predicts test of March lows. Below you can check his latest video analysis.
S&P analysis - 04/02
S&P analysis - 03/30
S&P analysis - 03/26
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Monday, April 6, 2009
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Hi, can you tell me, what is that nice TA SW used in the video? Thanks. Peter.
Hi,
This SW for TA is offered by INO Market Club.
http://www.ino.com/info/42/CD3103/&dp=0&l=0&campaignid=8
Regards
Vlada