October 6, 2010

S&P 500 Futures before opening bell

  • S&P 500 Futures index four hour line chart.
  • Index broke above 1148 level which was the last closing high for this time frame.
  • Price rallied up to 1160 level and got resisted there. Price may try to retest the breakout area before going up again. So this dip will be a good buying opportunity provided key levels like 1148 is not broken on closing basis.

1 comment: