High risk trade:
Buy S&P 500 @ 1750 if S&P Futures & S&P 500 breaks & stays above 1750, for 30 minutes expiration
Risk: Consumer Sentiment & Inflation Expectations at 9:55am EST will affect the market
Better employment numbers increases the chances of tapering sooner & stocks should drop more
However, stocks dropped too much & might rebound
S&P Futures rebounded above 1740 therefore previous signal is invalid
Stocks continue to go higher even after breaking below supports & trading will be at a higher risk
S&P Futures stronger resistance @ 1748, 1750 but not safe to sell anymore
S&P 500 possible resistance/rebound @ 1750
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