Friday, January 20, 2006

S&P


Here is an hourly chart of pit and electronic trading in the March S&P futures.

I was anticipating a higher low at 1282 support today but as you can see the market blew right through that level. Right now I would estimate that we will see a low around 1265 from which point the market should advance to 1320.
at

1 comment:

  1. Anonymous1/20/2006 02:29:00 PM

    Carl,

    wrote to you about a week ago agout the markets and gold going hand in hand, and today is no exception.

    Also as a big fan of George Lindsay i thought you might like this chart i made yesterday:

    http://tradingthecharts.com/upload/spxtpdh.png

    Be well.

    ReplyDelete