October 5, 2010

S&P 500 Near Resistance Level

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  • S&P 500 is trying to stay above 1150. 
  • If the index fails to stay above this level again this will be yet another opportunity to go short.
  • Price should make an hourly close above 1150 and trade above it convincingly then we can expect 1160 as the first target.
  • INTRADAY LIVE CHART FOR S&P 500 WITH EMA

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