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World markets  |  April 22, 2013 08:54:59

Swing your boredom, markets are moving

The S & P 500 came under pressure on Monday. Especially the last half hour of trading session was a lot of "live", the price ran down the report of an explosion on the marathon in Boston. VIX volatility index has added almost 40%.

S & P 500

Tuesday's growth set corrective trend stopped. Indicators signal a further decline, but the most important indicator - the price chart - remains in a bull settings. Strong support level at 1540 and withstood the onslaught of bulls on Friday tried to return.

The upcoming May works wonders and support 1540 probably will not last long. Correction will continue to further support 1 500 However, do not cross. Will signal a deeper correction to the closing price below 1540 points.On the opposite side is a major resistance to the surface 1598 where the April high.

S & P 500 - Technical Analysis
S & P 500 - Technical Analysis

What he says about market volatility index VIX, and what trends suggest for stocks technical analysis, can be found on the web Investment

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Dennis Gartman, known investor and author of the Gartman Letter, brings along his thirty years of experience in the markets for twenty-one advice to all active traders.

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