Alexis Texas On Black Dudes

S & P 500 - a good look at the pivot points

Tuesday March 1, the benchmark S & P 500 is again released from the bottom of the rising wedge-like structure within which it fluctuated since last September. The rise in the last 3 days was actually a "Pull Back " on an area support now become resistance. At the bottom of the support area of 1.306 points, the index will end up in the shadows of the candle last Wednesday, which represents a position of weakness and potential bearish continuation for the index.

Wednesday, February 23, here's what I was describing one day before Thursday's rebound past
"The support of the rising wedge type figure was smashed today on validation of this break, the next target is the area of the moving average of 45 days was used to support the end of November. Two very important supports to observe carefully, the first is located at 1.276 points, the second is represented by the 23.6% retracement at 1.265 points.

I often mentioned that it could not be any real correction as long as the curve points or a price index or a title was located at the top of the 23.6% retracement at the top of this there is fluctuation retracement or oscillation quite normal, for cons at the bottom of this retracement is where the clan is really bearish on traffic control ... at least until the next support. On breaking the 23.6% Fibo towards the 38.2% located on the previous high of last April to 1,216 points, which could provide an excellent medium, but one step at a time ... "

Wednesday 2 March
As mentioned previously, moving average of 45 days was used twice to support area for a rebound in the index in November and last Thursday was to observe carefully. Because of breakage of the support area of 1.306 points towards the MM 45 days and thereafter the support area of 1.276 and finally the 23.6% Fibonacci retracement located at 1.265.

The fracture of 23.6% Fibonacci retracement of valid triggers and potentially bearish momentum and continuity of the index directs to the Fibonacci retracement of 38.2% to 1,216 points, which corresponds almost exactly to you surely already noticed in the long term moving average of 200 days which is currently with 1.202 points, while the pivot points here to watch!
.

If from the top short-term index located to 1.344 points are subtracted a 10% contraction / consolidation commonly called a correction, it sets a target looking bearish for Standar & Poor's located 1.209 points which corresponds again to the area moving average term of 200 days .

Pivot Point - bearish momentum

• PP - 1 = The support area of 1.306 points
• PP - 2 = support the 45-day moving average currently located è 1.295 points
• PP - 3 = The support area of 1.276 points
• PP - 4 = Zone support 23.6% Fibonacci retracement located at 1.265 points
• PP - 5 On break = bearish Fibonacci retracement direction = 23.6% long-term moving average of 200 days.
• PP - 6 = On downward break of the MM 200 days towards the 50% Fibonacci retracement located at 1.177 points, which represents the last zone in negative territory which is still acceptable, at the bottom of this Support Index starts to fall in severe correction mode. Ideally a rebound on the area of the 200 day moving average is highly desirable to maintain the morale of the troops ...

To view the above analysis on the S & P 500, click here

Claude Bordeleau

The observer technical analysis of stock markets
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Betsy And Adam Dresses 2009

Jazz duo with Mike Goudreau Villebon

Thursday, March 3 at 19:00 Home Villebon this Mike Goudreau jazz duo. Whatever the style - the big band crooner Sinatra, instrumental groovy bossa nova dreamy, romantic ballad, Dixieland jazz like New Orleans or a good swing blues that makes you want to stomp - everybody, the connoisseur Jazz at the casual listener will be enchanted by the eclectic mix of jazz. Album after album, Mike Goudreau us a bit off the beaten track. It is this feature that adds a further ingredient to its new albums.

In close formation with bassist Jonathan Boudreau, Mike Goudreau therefore presents his 11th career album: "Look for the Sunshine." It brings together 17 rooms including 12 new original songs and 5 classic songs from the American repertoire, plus a play in French: "The nice girl," written in collaboration with Michel Aubin.

Open to all!

Limited seating. First come, first seated.

Pass (quantity limited) available for Beloeillois (es) Wednesday, March 2, from 18h to 21h local libraries and via the Internet by sending the request and full contact information to: culture@ville.beloeil.qc.ca

(* Proof of residency required)

Information: http://www.beloeilsurlaculture.blogspot.com/

and 450 467-7872

House Villebon

630, rue Richelieu Beloeil

nearby Library and Cultural Center

All Welcome!

Bmx Bikes Under 50 Pounds

S & P 500 - Achieved, breaking bearish potential

Target prospective extension Fibonacci 161.8% to 1.350 located points practically been reached this week, the curve points of the S & P 500 hit area of 1.344 percentage points higher this week, with only 6 points difference between target and reality, one could say without too much risk of being compromised ... that the target was hit!

A great way to determine a potential slowdown in an index is to observe the distance between peaks or troughs located on an area support significant. When the distance between two peaks or troughs is good range, it indicates the vitality of the momentum in place it is bullish or bearish. While a merger between two hollows on the rise as now may be the breath of the clan bullish and difficulties in maintaining a positive momentum, which just create a potential tipping point in favor of the opposing clan, I named the bear clan.

support the type figure rising wedge was smashed today on validation of this break, the next target zone of the moving average of 45 days was used to support the end of November last. Two very important supports to observe carefully, the first is located at 1.276 points, the second is represented by the 23.6% retracement at 1.265 points.

I often mentioned that it could not be any real correction as long as the curve points or a price index or a title was located at the top of the 23.6% retracement in top that there is fluctuation retracement or oscillation quite normal, for cons in the bottom of this retracement is where the clan is really bearish on traffic control ... at least until the next support.

On breaking the 23.6% Fibo towards the 38.2% located on the previous high of last April to 1,216 points, which could provide an excellent medium, but one step at a time ...

Usually the figures are rising wedge type lasting creation of 6 to 8 weeks in medium. In If the current S & P 500, rising wedge has been forged over a period of 7 to 8 months, which is much longer than normal. I mention this because in recent years that observe what type of figure , when the period of creation of the bevel far exceeds the average , it is very difficult to set a target forward with such a figure. So the most effective I believe, to fall back on Fibonacci ratios and carefully observe the holding locations and moving averages.

For the above analysis on the S & P 500, click here

Claude Bordeleau

The observer technical analysis of stock markets
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