Sunday, June 10, 2012

Sunday evening S&P 500 Chart look

1342 the high so far.. so this is now immediate resistance.. 1345-50 could be seen by morning if the euro continues to grind at the sound Spanish 'bailout' cavalry trumpet....1330-35 could be the trading range on downside.. which would be healthy... no panic.

The signal from Friday' afternoon around 1309 converted into about 40 handles from the cross. A bullish close on fairly high closing volume friday now looks like smart $.... If your twitter stream is as dead as mine is this sunday evening... we are chatting it up in the Trade for Prof.it forum.

5 min ES