October 14, 2010

S&P 500 Support area

  • S&P 500 is showing support at 1168 level.
  • Today hour chart took support at this level.
  • If a retest of this level happens again it may not hold. Index may slip to 1161 levels.
  • If the upper trend line is broken it will favour the bulls.
  • DOW JONES FUTURES SUPPORT AND RESISTANCE LEVELS

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