SPX Weekend Update: The Bounce
In Capital Markets on Fri 13 Jul 2012 at 18:32
S&P 500 (ES/) Futures charts:
ES daily- major bounce off trendline support of rising wedge, a perfect analogue to 2011.
ES daily/weekly/monthly- rally in brillant accordance with the 2011 analogue.
Week-end closing prices (4:00 est):