S&P 500

S&P chart is showing classical technical principle that how support turns into resistance and vice versa.

Update : S&P Head & Shoulder Pattern

S&P 500 reached its first target given in this post.

S&P500 : Head & shoulder

S&P 500 has broken out from Inverse Head & Shoulder Pattern with targets of 1445-1500.

S&P : Flag & Pole

S&P has formed a flag and pole pattern on daily chart with a target of 1220-1213.
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Update on 11/06/12


Pattern failed

Update : Dow

Double Top target given in this post reached.

DOW : Double Top

Dow has formed double top at 13339 and now if it breaks 12729 levels with good volumes then it could target 12155.

Dow :Rising wedge

Dow is forming a rising wedge on daily charts ...this pattern could take another 2-3 weeks to get completed at around 12700 levels.

S&P 500 : Bullish Chart

S&P 500 chart gives hopes to the bulls...firstly it managed to close above 200 DMA and secondly it also closed above downward moving trend line.

US Market : S&P500

S&P 500 has formed double top at 1103-1105 and it could now target 1035.

US Market : DOW

Hourly chart of dow is showing positive divergence so there is possibility of short term bottom being made.

US Market - DOW

US Market corrected as expected in this post .

US Market - Dow

One could see big negative divergence on Dow's 5 day chart and US market is looking overbought on daily scale , so we could see them correcting in coming week.

Update : Ascending Triangle in S&P500

Ascending Triangle target reached given in this post .

US Market - S&P 500

An Ascending Triangle is forming in S&P500 , if it manages to close above 1080 then it could target 1101-1104.Pattern invalidates below 1056.

US Market - S&P500

S&P500 has been trading in a range of 1111-1187 for last 11 trading sessions,breakout from this range could give direction to world market .

US Market - DOW

Dow reached it downward moving channel breakout target as stated in this post.

US Market - Dow

9667 could provide strong resistance to up move in dow .

Hum Saath Saath Hai

Dow

Nifty

US Market - S&P500

Look like flag and pole pattern developing in s&p500 daily chart ,which could take it to 875.

US Market - S&P 500