Tuesday, December 13, 2011 8:51:22 AM
SP Futures 1230-1235-1238-1235
Futures trying to build a bit of an uptrend as seen in the FTSE chart. Looking as though 1238/1240 will be the resistance for now so watch for a breakout there but 1250 will be the next level of resistance. You can see in the SPX chart how each lower high has been getting sold off but the fact that the Futures moved back over 1235 and held support there looks bullish for now.
Just remember to be Safe with your trades.
Enjoy the Day!
Futures trying to build a bit of an uptrend as seen in the FTSE chart. Looking as though 1238/1240 will be the resistance for now so watch for a breakout there but 1250 will be the next level of resistance. You can see in the SPX chart how each lower high has been getting sold off but the fact that the Futures moved back over 1235 and held support there looks bullish for now.
Just remember to be Safe with your trades.
Enjoy the Day!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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