S&P 500 Chart Updated 14/01/2015 EOD....
Another successful day for Index with shorts and longs both......
Short at 2016.51 to 1999.95 ....... given in 14/01/2015( pls check for confirmation).....
Index opened gap down and seems an exhaustion gap with no momentum on downside intraday.......
Day's Range was 1,988.44 -2,018.40... with close at 2011.27.....
Profits 16 on downside and 11 on upside... i.e. 27 points.... Enjoy !!!
So covered shorts at 1999.95 and intraday longs given good profits at close for safe traders.....
Risky traders carried longs and safe can be long safely above 2016.51 if sustained.....
As said earlier intermediate range is 2016.51 to 2057.55...
Breakout of this range will give direction.... between this intraday traders and scalpers will profits......
Happy Trading !!!
Analysis given with mandatory disclosure given on site on 03/12/2014.
Please read it before taking any trading decisions.......
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