November 9, 2010

S&P 500 Five minutes chart with support area

CHART-II
  • 1220 is broken.
  • Intrday charts looks oversold. May get support between 1218 - 1220.
CHART-II
  • SPX Five minutes chart is showing good support at 1220 - 1221 area
  • Index may take a pause here.
  • Only if this support level breaks further down move can be seen
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