S&P 500 Ready to Go (SPX $SPX)

July 11, 2012

Traditional perspective (top pane): The index in an ascending channel with a clear support. Problems with a close below 1,310.

Heikin-ashi perspective (middle pane): The heikin-ashi chart shows the index in a pullback.

Better heikin-ashi perspective (lower pane): haDelta is ready to cross above its SMA(3).

Note: haDelta did not cross yet SMA(3)!

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