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Thursday 23 January 2014

Trading Signals to watch

S&P 500 stayed below 1850 yesterday
S&P Futures rebounded around 1835-1836 & only reached 1843 after the stock market closed, then dropped sharply to rebound @ 1830

Look to sell S&P Futures @ 1843 if it stays below & drops further
Look to buy S&P Futures @ 1830 if it stays above & goes higher
All for 30 minutes expiration

S&P Futures still looks weak for now, buying will be at a higher risk
Economic news especially Unemployment claims might also affect it later

(Time shown in chart is EST)


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