November 2, 2010

S&P 500 Futures breakout

  • ES has given a breakout above 1192.75 resistance level.
  • If sustains above 1195 index may go passed 1200 easily.
  • A retest of 1192.75 or the breakout level is possible, But if price falls below 1192.75 then this will become another false move.

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