Tuesday, 10 August 2010

14:56 BST - SPX Update - 60 min chart

Here's the 60 min chart I've been following (last posted here) SPX is having another go at breaking the uptrend channel from the July low - remember how it bounced sharply up from it on Friday:

SPX 60 min:

All of those indicators currently look pretty bearish - see the notes on the chart.