February 10, 2011

S&P 500 Futures Before opening bell

  • ES Hour chart with support level and Fibonacci levels.
  • Price has taken support at 1310 shown in one hour time frame.
  • 1310 is also near the 38.2% Fib level of the rise from 1291.50 level to the recent high.
  • Getting support here can take price to 1313 and 1315 levels.
  • Breaking 1310 will target 1307 and 1304 levels.
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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