Thursday, July 8, 2010

SPX - Daily Market Thought 09072010

Another green day today. SPX close near high of the session at 1070.25. Next resistance sitting 1074.
Add one more suport 1058 today lows. Close hourly below 1058 expect 1041 again.
Above 1058 and if break 1074 ( close daily above), next resistance 1095/1100 ( top of this range).
Short-term looking to ES_F bearish divergence at the close chart 60 minutes. Need confirmation with a close below today lows.
Click to zoom in. Good luck folks.

SPX - Daily


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