Jun 8, 2011

S&P 500 How strong is the fear

      The old saying - ' sell in May and go away ' , "pulled the market down again". It is a fact that US indexes have been faling as long as five weeks, and the fear melts the prices as always. 
       Exactly at  1266/20.06.2011 passes the 45 degree Gann angle with a start point 665.83/06.03.2009. Around that level the bulls should take control again and lead the price at new year high around 1393, marking a new top.
Good luck trading!

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