Jan 31, 2011 S&P 500 closed today at 1286.11 which is just 1.27 % down from its close to two and half years high. S&P closed near 10 days EMA and above its 21, 50 and 200 days EMA.
Last week, both Dow Jones industrial average index and S&P 500 index touched psychological fancy number of 12000 points and 1300 points respectively.
With US unemployment...
Please visit http://www.softwareandfinance.com and click on the topic "S&P 500 Feb 2011 Technical Forecast " under Stocks posting to read the entire article.
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