Monday, September 11, 2006


Here is an hourly chart of the December S&P e-mini futures. I last commented on this market here.

I think the market is on its way to 1298 and then to 1293. Meantime resistance today is 1308.

After the 1293 level is reached I expect to see a strong rally which will carry the market above the 1330 level. Moreover, I think that we shall see the futures trade at 1400 by the end of the year.

No comments: