For FullyInformed USA Members here is the intraday chart analysis for the afternoon of Apr 13 2015.
The Market Direction Outlook for today was:
“The technical indicators are still all pointing to higher prices for the S&P and MACD confirmed its buy signal. Three solid days of gains have placed the S&P back to the 2100 level. The rate of change indicator dipped on Friday which could indicate a test of the 2100 level will happen either Monday or Tuesday.
With the markets up at 2100, look for the S&P to advance at the open on Monday and then dip to retest for support. A couple of days of testing the 2100 level would not be unusual, but for now the direction remains up whether there is testing or not of 2100.”
Here is what the afternoon intraday chart is telling investors about the close for today and what to expect on Tuesday morning.
Intraday Chart Analysis – Afternoon – Apr 13 2015
FullyInformed USA Members can read the latest afternoon intraday chart analysis directly through this link or they can sign in to the full USA site here. Non-members can join here or read about the benefits of a membership.
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