Sunday, October 12, 2014

S&P 500 Update 12/10/2014


Last Update on 10/10/2014 in market hours......

"For 10/10/2014 we had resistances at 1933.47-1938.06-1948.39-1961.02 and supports are at 1926.87-1922-1920.27. The level of 1920 is to be closely watched for the day which another important level for the index."

On 10/10/2014 we had a high and low of 1936.98 and 1906.05. We had observed 1920 as critical level which was breached intraday with close near the low at 1906.13. Now on the next trading we have to watch the level of 1900 as a psychological level of support. Intraday above 1909.15 we have positive bias with resistance at 1922-1927-1933. On the downside we have 1890 as strong support.


Happy Trading !!!

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