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X-Twisted Indicator


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#1 Bogdan_Petrescu

Bogdan_Petrescu

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Posted 24 May 2010 - 01:14 PM

S&P500 – analysis by "X-twisted" indicator 24.05.2010

S&P500 hits 2 of 3 suggested bearish targets ( 1163.00 – 1.158.00 ) and closes the bottom price of 1151.60 (0.60 away from our third target).

According to the strong trend line (that served us as a support & resistance trend line) , stretched on 2 hour indicator's chart, we broke into the bearish zone and further down-trending market seems to be more probable.

Bearish targets : 1170.00 – 1164.00 – 1159.00 (1 - 2.5 trading days).

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#2 Bogdan_Petrescu

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Posted 25 May 2010 - 09:55 AM

S&P500 – analysis by "X-twisted" indicator 25.05.2010



S&P500 hits all the suggested targets : : 1170.00 – 1164.00 – 1159.

We will be looking for a new entry points later this week.

No targets for now.






GBPUSD – analysis by "X-twisted" indicator 25.05.2010


GBPUSD reaches the first bearish target at price 1.4280.


According to the resistance trend line, stretched on 4 hour "X-twisted" indicator's chart, we can count on bearish market.

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