November 19, 2010

S&P 500 futures before opening bell

  • S&P 500 Four hour chart with Fibonacci levels for the fall from 1224.50 to 1170.75
  • Price is finding resistance at 50% retrace levels. Candles are trying to close above this level but are getting resisted.
  • 38.2% is giving support. This range should be resolved for big movements to happen. 
  • US DOLLAR INDEX HOUR CHART ANALYSIS


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