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Wednesday 1 January 2014

Trading signals to watch 2014

S&P 500's highest point reached was 1849.44 with target @ 1850 but it's too high for today as it tried twice & failed to even reach 1850
We previously mentioned on 26 December that next target should be 1850 before end of the year 2013
1850 should continue to be targeted & become important support or resistance in the beginning of  2014, depending on if it breaks above or stays below
Watch S&P 500 @ 1850 key level, look to sell if it stays below, buy if it breaks above

The stock market will be closed tomorrow on New Year 1 January 2014


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