Friday, September 5, 2008

S&P 500 Opening Range Extension 1229.45

Below is a chart of the S&P 500 Index with the extensions created from the opening range created back in the first few days of the year. Once failing at the 1290.63 level, it took very little time to head down toward the 1229.45. Volume also has started to pick up.

S&P 500 Index (click to enlarge)

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