Information About Accounting
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The longer-time period perspective since mid 2008 reveals that the price started a new upward-trend in early 2009 ascending within the (green) pattern-channel. In September 2010, the (black) resistance was damaged, whereafter a metamorphosis of the (black) trendline into a brand new help occurred. Subsequently, a first breakout occurred that simply corrected to the (green) support barely above the eighty-degree thus producing a new buy-signal. The subsequent promote-signal is issued when breaching the (black) support presently at approx. seventy eight with the (grey) 260-EMA-curve (histogram) getting breached concurrently producing a longer-term sell-signal.
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Our month-to-month Market Headlines report is an indispensable recap of the main events that impression the market every day. On the first page of the report, we provide an annotated intraday chart of the S&P 500 over the prior month, exhibiting when and where main occasions of each day occurred. The second web page of the Market Headlines report takes a longer term view, showing a every day S&P 500 chart during the last seven months, with main market events famous. In every case, the charts enable readers to see how each information occasion impacted the market and either continued or marked the start of a brand new pattern.