December 3, 2010

S&P 500 Support and Resistance lines

  • SPX 15 Minutes chart with important support at 1216.
  • Break below 1216 will favor bears for extending this selling in short term charts. Break of  1216 may give 1212 initially.
  • Breakout above the dotted line will favor bulls to continue this rally.
  • GOLD CROSSES 1400

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