A quick look at the technical picture on the daily and hourly bar charts of the S&P 500. As always, fed day is sure to bring increased volatility.
Will be interesting to see if pinnochio higher on hourly chart holds. If so, a retest could be in the cards. Watch support around 1404-1406 as well. Below that could bring a trip to 1390ish.
More charts found here.
S&P 500 charts as of intraday August 122 2012. S&P 500 hourly and daily bar charts with technical price support and resistance levels. S&P 500 technical analysis.
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