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Tuesday 26 November 2013

S&P Futures Analysis

S&P Futures tried to rebound after-market but failed to stay above 1805 & dropped again
It then found support @ 1801.45 & is trying to reach 1805 again, it will also be affected by economic news later
Selling @ 1805 will be at a higher risk this time as it's trying very hard to break & stay above it
Look to buy S&P Futures @ 1801.45 if it rebounds & stays above
Look to sell S&P Futures @ 1805 or 1804 (higher risk but it's a new temporary resistance) if it fails & drops again
All for 30 minutes expiration

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