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Sep 03

TECHNICAL ANALYSIS BY NSFX 03.09.2013

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High:  Low: 

25 points rebound from the dynamic support and now the USA500 will have as next test area 1660, where both 21SMA and 55EMA are resistance levels.  Buyers will start to come back only above  1700 but a breakout above  1675 would be considered a good signal because it will trigger many stop losses.  Below 1624 area 1600 would be the psychological support and then 1574 the intermediate target of the retracement.

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