Friday, June 18, 2010

SPX Daily Market Thought 21062010

Nothing new today another chop chop session.
Close 2 point above key number short-term 1115 with a nice run
So I`ll change beas short-term if close above 1118.74 ( high of tuesday)
I need to see a decent breakout of this area. Last two candle didn`t show me anything.
Overbought conditions to see market reaction > Any change
Key level dowside 1089 Add one more number  1106. Close hourly below 1106 expect 1089.
Suport: range1077,1082, 1090 and 1106.
Click to zoom in. Good luck folks.

SPX Daily Chart


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