tag:blogger.com,1999:blog-6772068434842756669.post3720272515386103954..comments2013-03-26T03:42:14.733-04:00Comments on Long & Short Investment - Earn Money Manage Finance Using Technial Analysis: Will S&P 500 Break the Next Resistance Level?UltimateToyGalaxyhttp://www.blogger.com/profile/13583216478722218566noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6772068434842756669.post-17986139793481531302010-01-13T08:42:02.475-05:002010-01-13T08:42:02.475-05:00By the way, if S&P 500 fails to cleanly break ...By the way, if S&P 500 fails to cleanly break $1121 50% Fibonacci Retracement level and does not move further below, then there is a high probability for S&P 500 to retrace back to $1150 and even break this major resistance level. However, if S&P 500 breaks $1121 level, then expect it to test $1100 and $1090. $1090 level is critical because when it gets broken, then expect S&P 500 to reach all the way down to $1030 level for support. Keep a close eye out for these levels!UltimateToyGalaxyhttps://www.blogger.com/profile/13583216478722218566noreply@blogger.com