AI
Thursday, December 01, 2011 8:41:28 AM
SP Futures 1250-1240-1245 premarket
So far from the FTSE it looks like a consolidation day again.
Some poor employment news just out might put a bit of a damper on things, maybe. QQQ premarket resistance was 56.59 so might watch to see if a double top during the day, 56.50 would be targeted resistance. It is interesting to see the morning double bottom in the FTSE though, so perhaps any pullback will be bought?
MKTSS Plan would be bullish as long as above SP 1220, any short side trades would just be 1-2 days watching for support at the Inclining 100sma.
So far from the FTSE it looks like a consolidation day again.
Some poor employment news just out might put a bit of a damper on things, maybe. QQQ premarket resistance was 56.59 so might watch to see if a double top during the day, 56.50 would be targeted resistance. It is interesting to see the morning double bottom in the FTSE though, so perhaps any pullback will be bought?
MKTSS Plan would be bullish as long as above SP 1220, any short side trades would just be 1-2 days watching for support at the Inclining 100sma.
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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