Wednesday, July 6, 2011

SPX Daily Market Thought - 07/07/2011

According with the last weeks tomorrow as it’s the most bullish day of the week. Today test and hold first suport short-term level [1332,1334]
Above 1328 trend short-term remain bullish.
Only with a close 60 minutes cash below 1328 can expect test next suport [1317.2,1321.50] below [1309.8,1306.8]
Continuation upside next resistance 1341,1346.5,1351.7,1355.2 and 1360.4.
Tomorrow, weekly Jobless claims at 8:30.

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