Thursday, February 17, 2011

SPX Market Report and Economic Data for Friday 17/02/2011

Not try to guess the top trade what you see not what you think
 If sellers can reversal hourly impossible reversal daily chart. Important for now focus view  hourly chart.

Commentary Daily chart SPX500 EOD - Swing trader

Above 1271 trend remain bullish close daily and weekly above 1324 next key level area  [1344,1364].
Area Daily chart - Position
Suport - 1220, 1235, [1259,1262] and 1271
Resistance – 1344, 1350, 1356 and 1364

Commentary 60 minutes chart SPX500 EOD - Day trader

Above range [1330,1333]  buyers control. 1340 it´s a important resistance 60 minutes if close above 60 minutes chart friday  expect test 1345 possible extension 1348 and good changes reversal and back to test last resistance now suport area [1330,1333] if break possible extension to [1323/25]. But for now and above 1330 follow bullish view.
Resistance next 1345 and 1348.

Area 60 minutes Chart – Daytrading
Suport - 1281,1287,1294,1298,1309,1317 and 1320,[1323,1325] and [1330,1333]
Resistance – 1345,1348,1350 and 1356
Click to zoom in.

if your interested have access area members see all details click here

Free Area:


No comments:

Post a Comment

Enjoy this post? Then leave a comment and say thanks!