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Monday 6 January 2014

S&P Futures Analysis & Trading Signals to watch

S&P Futures support @ 1823, resistance @ 1830
Look to buy S&P Futures @ 1823 if it stays above & goes higher

Look to sell S&P Futures @ 1830 if it stays below & drops further, especially if economic news is worse than expected
Look to buy S&P Futures @ 1830 if it stays above & goes higher, especially if economic news is better than expected
Most important economic news will be ISM Non-Manufacturing PMI, which might be the turning point

Risk: 1830 might be tested several times during economic news before the market stabilizes

All for 30 minutes expiration

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