September 22, 2010

S&P 500 Analysis after closing bell

  • S&P 500 is trading above 1131 which is the recent breakout zone
  • Immediate resistance for the Index is 1150.
  • Today There was one attempt to go above 1150 which was met with resistance. Index went up till 1148 and then retraced back and closed at 1140 level.

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