Here is an hourly chart of the December S&P futures. I commented on this market yesterday afternoon.
A short while ago the S&P's hit their last high at 1363.25 and have since backed off a bit from that level. I suspect the market will take a brief peek above 1363.25 but will then head down to support in the 1351-53 range.
From 1351-53 support I expect the S&P's to rally into the 1370-75 range and then break 25-30 points.
No comments:
Post a Comment