Thursday, December 15, 2011 7:58:15 AM
SP Futures 1200-1215-1210-1215
You can see the 1210 test of support in the FTSE chart while the test at 1200 was at Midnight. Euro also attempting a recovery of 1.30. Would watch the FTSE/Euro charts for breakouts and SP a recovery of 1215. SP resistance levels 1215/1220/1225/1230 as seen in the MKTSS chart so a lot of resistance yet to overcome. I would expect some bouncing like the FTSE chart but let's see if today we can get a breakout and some recovered higher support.
QQQ premarket low 55 high 55.30
Good Trading!
You can see the 1210 test of support in the FTSE chart while the test at 1200 was at Midnight. Euro also attempting a recovery of 1.30. Would watch the FTSE/Euro charts for breakouts and SP a recovery of 1215. SP resistance levels 1215/1220/1225/1230 as seen in the MKTSS chart so a lot of resistance yet to overcome. I would expect some bouncing like the FTSE chart but let's see if today we can get a breakout and some recovered higher support.
QQQ premarket low 55 high 55.30
Good Trading!
Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!
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