October 22, 2010

S&P 500 Before opening bell

CHART-II

  • ES Still inside the range mentioned before opening. Any meaningful movement can only happen if 1182 or 1171 breaks.

CHART-I
  • ES Four hour chart with important support and resistance levels.
  • Levels that can support the index are 1171 and 1167.
  • Levels that can act as resistance are 1182 and 1186.
  • SPX - ANALYSIS AFTER CLOSING BELL

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