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S&P 500 Technical analysis, Index moving up from support, will favor bulls as long as holds above 1978. (Updated on 25th September 2014, Thursday).


S&P 500 INDEX





  • S&P 500 Index moving up from fibonacci fan line support, this will favor bulls as long as holds above 1978.
  • Index also moving up from 50 DMA , as long as holds above will favor bulls. Once closes below 50 DMA then Index will show sign of weakness.
  • Index has also formed Bullish Engulfing candle formation this will favor bulls to take Index further up.
  • According to line chart Index is moving up from previous resistance which is now acting as support for Index.
  • Also See - Nifty Technical Analysis. Updated Daily
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Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.