06/04/2014

SP500 Friday close in detail. The final high could have been reached at 988.63 Friday April 4, 2014. Mainly because of the Key Reversal bar. If so these pictures will be historic and looked at for generations to come.

Month.  No signs of weakness in this very strong chart.









Week. Very strong up trend. Took a new high this week but closed at the low. From next Monday the 8 MA will start to loose momentum.







Day. Friday bar with a new high but closed below the 8 MA is a signal that the high has been seen at 898. Key reversal. Lots of alternative for next Monday.






15 min. Target for the downtrend is 866 but hit 862 and closed 865. Could well be the beginning of bottom building.







5 min line. These two 5 min charts are  not so sure a bottom will be built. We have Asia slow trading for 8 hours from Sunday at 00.00, before Europe opens.






5 min bar.







1 min























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