December 2, 2010

S&P 500 Futures Fibonacci levels

  • ES Fibonacci levels in 30 minutes chart.
  • Fall from 1211 was stopped near 1202 which is near 23.6% Fib level
  • Important numbers for ES today are 1202 which is the support 1207 and 1211 will be the resistance  for ES to cross to move ahead.
  • 23.6% and 38.2% Fib levels may act as support in case a correction happens.
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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