Sunday, March 20, 2011

Spy At A Big Trend Support

With the green ascending Trend line being major support and if we brake it with a second day confirmation then next support is 121.26. With war at hand and the Japan earthquakes still having effects on this market, this will be a very tricky market to maneuver in so use your stop losses and be very cautious.

Disclaimer: Steelman's Technical Charts are my own amateur interpretations of technical charts and for informational purposes only and should not be construed as investment advice regarding the purchase or sale of securities, or any other financial instrument of any kind. Please consult with your financial adviser before making an investment decision regarding any securities mentioned herein. Steelman's Technical Charts assume no responsibility for your trading and investment results.

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