Thursday, January 20, 2011

SPX - Daily Market Thought 20012011

Above 1262 trend daily remain bullish target range [1297,1324] possible top next months.
 If 1297 is the top need confirmation with a close daily below 1262.
Below 1284 trend remain bearish 60 minutes chart  win momentum downside with a close below 1272 first target 1262.
Today 20/01/2011 fill 1272 suport 60 minutes vc. ema21 daily and reaction to close flat an dagain above 1278 confluence daily and 60 minutes chart.
1272 it`s the last suport area before key level daily chart 1262.

Suport Area:

Daily -1220, 1235,1262 and 1278;
60 minutes - 1272,1278

Resistances Area:

Daily - 1297 and 1324;
60 minutes - 1284 and 1290
Click to zoom in. Good luck folks have a great friday.

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2 comments:

  1. Boas Market..
    Vê lá se deixas que eu me safe dos longos, antes de ele tombar a 1262.

    Cumprimentos

    ReplyDelete
  2. Hi Pedro.
    Nice to see you here buddy.
    Have a great friday buddy.

    ReplyDelete

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