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S&P500:Market Report-28/05/09

From the day 13 of November the rate S&P500 only managed to close above 913 points for 5 times. Today 913 points it was an insurmountable barrier!

After the day of yesterday sincerely, it seemed to me that all the conditions were even joined for the escalation to the zone of 1.000 points but, now with this fastening below 896 points I am negative again in the short term.
The false sign given yesterday places me still more negative because energetically today the rate had all the conditions pull out for it definitely. I do not know if it will have in the short term conditions as those of today and it is therefore what I now only reopen a long position again after the break of 814 points. Up to there I am clearly bearish.

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