December 20, 2011

S&P 500 Futures resistance level

  • Like yesterday Price is near the resistance line and 100 Hour SMA.
  • Price continue to move down from these levels creating lower high's and lower lows. Now hope for bulls till price changes this trend and give a decisive breakout above short term moving averages.
  • S&P 500 ANALYSIS AFTER CLOSING BELL


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1 comment:

  1. BuntyDecember 20, 2011 at 6:08 PM

    Dear San,
    Please throw some light on SBI as well.
    What is the expiry target for SBI most likely ?

    Thanks,

    ReplyDelete

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