Wednesday, 10 October 2012

1420 the key for the S&P 500

1420 is the key for the S&P, or so the confluence of trend line and resistance turned support would suggest. So long as the market doesn't go below the 1420 zone, the current rally should continue to trend higher, and with the S&P being the global bellwether, so should those rallies in other stock markets. Chart includes all sessions trade.