Tuesday, March 9, 2010

SPX - Daily Market Report 09032010

Monday market love green monday but nothing new today. Flat close today. tuesday numbers are the same.
Hourly suport 1132 and 1117
Close hourly below 1117 expect reversal trend target 1105 possible extension to 1100 again.
Next resistance high of this year (1150)
Trend bullish all time frames.
Daily Suport:1070 and 1078 , 1095, 1117 Resistance: 1150
RSI Daily again bullish. Stochastic overbought daily and hourly.
See the rest of update. Click to zoom in. Good Luck.