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Friday 13 December 2013

S&P Futures Analysis

S&P Futures dropped to 1773.45 but found support @ 1774 to rebound strongly until 1783 & drop
Resistance remains @ 1783 but might be broken above today as momentum is strong & it's staying above trend line

Look to buy S&P Futures @ 1783 if it breaks above & goes higher, for less than 30 minutes expiration
Look to sell S&P Futures @ 1780 if it drops further below to break the uptrend, for less than 30 minutes expiration
Trading during news would be highly risky

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