05/04/2014

The technical perfect chart of Fridays trading of SP500 in a 1 min chart.

Eye it from the beginning and you see the low where the line is. Then the long sideways trend exploding on upside when Employment news hit. Then a double top at 898 with a first wave down. Up and creates a double top which breaks on downside and continuous below target of 866.  From the low a three wave correction. Difficult to tell what is next but this is a one minute chart and lots will happen.

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