Today's focus will be on US economic data as the Fed yesterday said that they might start tapering in coming months if there's better economic data, especially on the job market, so Unemployment Claims will have the highest impact
The Senate Banking Committee is planning to vote on President Obama's nomination of Yellen
Stocks are rebounding as we expected although economic data later might affect the rebound
S&P Futures up from 1780 to 1784 (8am EST)
Yahoo up from 35.62 to 36.1 (8am EST)
JPM up from 56.1 to 56.34 (8am EST)
Support & resistance not confirmed for S&P Futures to trade on economic data @ 8:30am EST as they're not strong enough, so it would be risky to trade
Possible supports @ 1780, 1782
Possible resistances @ 1784-1786
No comments:
Post a Comment