October 20, 2010

S&P 500 Futures Resistance levels

CHART-II
  • ES Having crossed resistance levels of 1173 and 1178 is looking good for 1182. If sustains above 1178 Price will try to cross 1182 which will favour bulls. Getting resisted and trading below 1178 will drag it lower.
CHART-I
  • S&P 500 Futures resistance levels shown in 30 minutes chart.
  • 1182 is the most important level for the bulls to break above.
  • BAIDU HOUR CHART ANALYSIS

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