Monday, April 6, 2009

S&P 500: Day by day analysis.

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

Comments

2 Responses to "S&P 500: Day by day analysis."

xcvx said... April 8, 2009 at 9:37 AM

Hi, can you tell me, what is that nice TA SW used in the video? Thanks. Peter.

Vlada, Czech Republic said... April 8, 2009 at 10:59 AM

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